January 26, 2024
Photocat enters into commercial strategic partnership with Katepal OY Finland.
Roskilde, Denmark. January 26, 2024 – Photocat, a world leader in sustainable photocatalytic solutions, is pleased to announce a commercial relationship with Finland-based Lempäälä Katepal OY. This partnership brings Photocat’s complete NOxOFF cutting-edge photocatalytic solution to the forefront of his Katepal OY portfolio, a leading Finnish roofing material manufacturer offering environmentally friendly products.
Key highlights of the commercial partnership:
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Katepal OY obtains manufacturing license with Photocat NOxOFF portfolio: Katepal OY has an annual revenue of over 40 million euros and has been in existence for over 70 years. The company is known in the market for its exceptional quality and is highly appreciated by roofers in the market. Nowadays he is exported to more than 20 countries. The term of the partnership agreement is four years, until the end of 2027.
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Wide market scope: This relationship is aimed at roofers and building owners who wish to incorporate a sustainable mindset into their daily contributions to the built environment and reduce their environmental impact by offering a comprehensive range of green-oriented products. We aim to reach.
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Target relevant customers in the Nordic market: The partnership will initially extend its reach to relevant providers of sustainable building materials in Finland, Norway, Sweden and Denmark. Photocat aims to contribute by providing cost-effective products that impact air pollution reduction, with a particular focus on reducing dangerous NOx levels and bringing countries in line with WHO recommendations. Nowadays, it will never cause unnecessary premature birth.
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Agreed minimum sales volumes from 2024 to 2027: This partnership is based on cooperation and flexibility of goals for 2024. Therefore, Photocat and Katepal agreed on a conservative forecast that gives Photocat a revenue of 220 trillion euros during the contract period. Both parties are focused on making better profits from a mutual point of view.
Quote from our partner:
Jesper Elsgaard, Chief Business Officer of Photocat A/S, expressed his enthusiasm: “We are excited to partner with Katepal OY as they are industry leaders. Having Katepal OY represent our entire portfolio is a testament to our commitment to providing sustainable solutions to combat air pollution. Consistent with efforts to prevent pollution. “
Mikko Perinen, CEO of Katepal OY, added: “Our partnership with Photocat is an exciting venture for us. We believe in the transformative power of photocatalytic solutions and look forward to introducing these innovations to our clients and helping to make more of society possible.” “Sustainable Roof Landscapes in Northern Europe.” ”
The conclusion is:
Photocat is keen to leverage Katepal OY’s expertise and embark on this partnership that will have a meaningful impact on reducing air pollution in Northern Europe. This collaboration represents an important step towards building a cleaner, greener future.
Commercial partnership with Katepal. 2024 financial performance will not be affected.
For more information, please contact us below.
Jesper Elsgard
chief executive officer
Photocat A/S
Phone number: +45 5121 7651
Email: jes@photocat.net
About Photocat:
Photocat is a leading innovator in sustainable solutions, dedicated to harnessing the power of photocatalysis to create a cleaner, more sustainable world. Photocat is at the forefront of environmental innovation with a focus on cutting-edge technology and partnerships. Photocat’s shares are listed on Nasdaq Stockholm, First North under the ticker symbol PCAT. The company’s authorized advisor is Mangold Fondkommission AB.
About Catepal OY:
Katepal OY is a Finland-based company specializing in providing cutting-edge solutions for the construction and manufacturing of roofs based on bituminous solutions. Katepal OY is committed to sustainability and constantly strives to introduce innovative technologies that improve environmental performance.
Photocat A/S (Publisher) l Langebjerg 4 DK-4000 Roskilde l Phone: +45 7022 5055 l www.photocat.net
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