Beskrivning
Land | Norge |
---|---|
Lista | Euronext Growth Oslo |
Sektor | Hälsovård |
Industri | Bioteknik |
2024-09-12 18:15:00
OSLO, NORWAY - 12 September 2024. Sustainable biochemicals company Circa Group
AS (ticker: CIRCA) has entered into a supply agreement with Leggera Technologies
International Ltd. (LTI), a leader in Hi-performance bicycle components and
accessories design and manufacturing, for its CyreneTM solvent grade. CyreneTM is
a sustainable, biomass-derived industrial solvent. Leggera's new and innovative
bicycle maintenance product, which is certified as low-hazard and 100%
biodegradable, is compatible with all cycling surface materials and delivers
superior cleaning performance compared to traditional petroleum-based solvents.
"We are proud of this collaboration. Our supply agreement with Leggera reflects
our commitment to helping customers develop safer, better-performing products,"
said Alessandro Napoli, VP of Product Development at Circa.
Paul Farrell, Group founder and CTO at Leggera, added, "By adopting CyreneTM in
our products, we aim to support the transition to safer and sustainable
solutions while improving overall product performance and value for our
customers."
About Circa
Established in 2006, Circa Group converts waste, non-food biomass into advanced
bio-based chemicals with its proprietary FuracellTM process. Its developing
product portfolio includes flavours, biopolymers, and bio-solvents including
CyreneTM. By creating renewable chemicals from cellulose, Circa is extracting
value from non-food, surplus biomass and contributing to industry as it
transitions to a more circular and decarbonised economy. Circa Group is listed
on the Euronext Growth Market in Oslo, ticker: CIRCA.
About Leggera Technologies
The Leggera Group of companies was founded in Australia in the late 1990's and
since then has grown to become a multi-company conglomerate operating within the
specialist field of hi-performance sporting goods and accessories products. LTI
is a recognised global leader in product design, development and manufacturing
mostly with its own facilities across Asia.
Investor Contact
Erik Berger
Chief Financial Officer Circa Group AS
erik.berger@circa-group.com
Tel: +47 908 55 033