Xeros Technology Group plc intends to raise approximately £25 million

Xeros Technology Group plc (AIM: XSG, 'the Group', 'Xeros'), the developer and provider of patented polymer based technologies with multiple commercial applications, intends to raise approximately £25 million before fees and expenses by a Placing of 11,111,112 new ordinary shares with existing and new institutional investors at a placing price of 225 pence per Placing Share (the 'Placing'). The Placing will be structured in two parts.  Read More

Xeros and Wollsdorf Leather sign 10-year agreement

Xeros Technology has signed a 10-year contract with Wollsdorf Leder Schmidt & Co. Ges.m.b.h (Wollsdorf) to convert its re-tanning operations in Austria to use Xeros' patented polymer technology. This contract followed the previously announced heads of terms in January 2017. Wollsdorf, which was awarded Global Tannery of the Year in 2014 by World Leather magazine, primarily produced and exported premium-quality leather to the luxury leather market, including to manufacturers of a number of leading car brands.  Read More

Recruitment: Operations Manager – Xeros Tanning Technologies

Xeros Tanning Technologies has developed a patent-protected technology to significantly reduce water, chemicals, and pollution in the leather tanning industry. Having successfully demonstrated the viability of its technology in a production environment, the company is now preparing for rapid market rollout and is looking for an Operations Manager who will be responsible for the planning and implementation of trials in tanneries.  Read More

Xeros Technology to accelerate commercial development

Xeros Technology Group plc announced their financial results for the 17 months ended December 31st 2016 to the London Stock Exchange today, reporting an increase in earnings to £2.5 million (US$3.2 million). In the tanning sector, Xeros says it has successfully completed multiple scale trials in retanning and dyeing with further scale trials planned with four additional European tanneries.  Read More

Wollsdorf Leder set to agree ten-year deal on polymer-bead retanning

Xeros and specialist Austrian automotive and aviation leather manufacturer Wollsdorf Leder are close to agreement on a new ten-year deal to bring Xeros Polymer Technology into the tanning industry.  Read More

Trials bring water usage down in post-tanning operations

At the ILM Automotive Leather Supply Chain conference in Paris, the CEO of Austrian automotive and aviation leather maker, Wollsdorf Leder said that the company had made significant water savings in the retanning and dyeing phase of the production process using Xeros’ Polymer Technology.  Read More

Successful water saving technology at Wollsdorf Leder

Austrian automotive and aviation leather maker, Wollsdorf Leder has reported successful results with the water saving Polymer Technology developed by Xeros.  Read More

Second tannery trial complete, Xeros says

Xeros has announced the completion of a second full-scale production trial of its system in a tannery at the end of May 2016. The results show a 50% reduction in water usage for retanning operations and a 50% reduction in the amount of effluent generated.  Read More

Xeros achieves 50% water reduction in tannery trial

Xeros achieved 50% water reduction in a full-scale trial conducted in a leading European tannery in the retanning and dyeing stages. Further trials are planned in the leather sector to determine the maximum potential of the Polymer Technology before full commercialisation.  Read More

Xeros Technology Helps Reduce Water Use In Leather Processing Sector

Xeros Technology Group PLC announced the completion of a full-scale trial of its patented technology within the leather processing industry and has delivered positive results.  Read More