MON, AUG 21, 2023 10:00 CET
BPC Instruments AB (“BPC” or the “Company”) is pleased to give an update on the impressive success of its recently launched product, BPC® Blue, within a mere two months of its introduction. The Company has witnessed a remarkable surge of purchase orders of an ordinary size, including a larger single order of 83 000 Euro from China through its Chinese joint venture. In just two months of launching BPC® Blue, the Company has swiftly established a robust sales pipeline including multiple sold leads from key markets in North America, Europe, and Asia. As a result, BPC sees a considerable opportunity for this pioneering equipment in the foreseeable future.
The unveiling of BPC® Blue in late June has sparked international recognition as a promising solution for cost-effective material biodegradability analysis. Distinguished by its attributes encompassing precision, user-friendliness, and minimal maintenance requirements, both products have ignited promising market interest. Numerous smaller units have been swiftly purchased, including a single large order of 83 000 Euro order from a Chinese client via BPC’s Chinese joint venture. The revenue generated from this transaction is anticipated to be incorporated into the third quarter of the current fiscal year. Notably, the Company has also developed a strong sales pipeline including multiple sold leads from key markets in North America, Europe, and Asia.
This recent surge in progress unequivocally underscores the well-timed launch of BPC® Blue, which adeptly addresses the global imperative for novel materials that mitigate the consumption of non-biodegradable plastics, particularly single-use variants. Consequently, BPC envisions significant market potential for this groundbreaking equipment in the foreseeable future.
CEO Dr. Jing Liu comments:
“We are genuinely thrilled by the overwhelmingly positive global reception and the remarkable surge in market enthusiasm for BPC® Blue. This reception aligns seamlessly with our forward-looking vision and the overarching movement toward replacing single-use plastics with eco-friendly biodegradable polymers. BPC® Blue is on the brink of emerging as the preferred solution for industrial manufacturers, service providers, research institutions, and universities worldwide, who are actively seeking a reliable means to evaluate the biodegradability of cutting-edge polymer materials. The debut of BPC® Blue foreshadows an accelerated expansion of our influence within the biodegradability market, propelling us towards establishing a robust and influential presence in this rapidly evolving and dynamic sector.”
About BPC® Blue
BPC® Blue is a state-of-the-art laboratory instrument specifically designed to determine the aerobic and anaerobic biodegradability of various biodegradable plastics and polymer materials in a wide range of simulated environmental conditions. The instrument is fully compliant with the most important ISO, European, and American standards for biodegradability evaluation in both aerobic and anaerobic conditions. Featuring an automatic operation and an intuitive user-friendly design, the BPC® Blue enables almost anyone to carry out the test and obtain highly accurate and precise results.
About BPC Instruments AB
BPC Instruments is a global Swedish-based pioneering technology company developing and offering analytical instruments enabling more efficient, reliable, and higher quality research and analysis for industries in renewable bioenergy and environmental biotechnology. The result is not only higher accuracy and precision, but also a significant reduction in time consumption and labor requirement for performing analysis. BPC Instruments’ innovative products offer high-quality hardware and software based on deep knowledge and experience of target applications. The solutions are the first of their kind, making the company a pioneer in its field. Today, BPC Instruments exports to nearly 70 countries around the world. BPC is listed on the Spotlight Stock Market in Sweden. For more information, please visit BPC’s webpage: www.bpcinstruments.com