Proactive’s Tylah Tully breaks down Just the Facts of the latest news from Sprintex Ltd (ASX:SIX).
The company has shipped its first Mest Water ammonia reduction unit to Europe, as part of a A$1 million evaluation phase, with 19 more units to follow.
This project addresses European agricultural emission regulations, with Sprintex compressors playing a key role in reducing ammonia emissions.
In a separate development, Sprintex achieved an energy efficiency breakthrough through its partnership with China’s Qunying Corporation.
Trials of G15 blowers demonstrated a 69% reduction in energy consumption, resulting in A$1.25 million in annual savings per factory.
The G Series blowers continue to draw attention for their energy-saving capabilities across various sectors, positioning the company well to meet growing global demand for energy-efficient technologies.
On the corporate front, John Bell has been appointed as the new CFO and company secretary, bringing over 25 years of experience in financial roles, with expertise in …