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Press Release 2024-09-25

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  • Press Release 2024-09-25

BPC secures order for BPC Blue from global chemicals leader

WED, SEP 25, 2024 14:45 CET

BPC Instruments AB (publ) (“BPC”) has secured a purchase order for its flagship product, BPC® Blue, from a US-based global leader in MDI-based polyurethanes production. The order includes the delivery of BPC® Blue Aerobic systems, with a total value of approximately 800,000 SEK. While the financial value of the order is modest, its significance lies in the client’s industry stature. The client is a major producer of polyurethane materials, with large-scale production facilities in the US, the Netherlands, and China, and a global network of over 30 downstream formulation sites. This partnership could open doors for further business opportunities and serve as a reference for other industrial players as demand for biodegradability assessments of new polymers grows. The revenue from this order is expected to be recognized in the fourth quarter of this year.

CEO Dr. Jing Liu comments:

“BPC Blue has gained increasing recognition in the past year as a reliable and powerful tool for cost-effective material biodegradability evaluations. Known for its precision, ease of use, reliability, multifunctionality, and low maintenance, the instrument has received overwhelmingly positive feedback worldwide. This aligns with our future vision and the industry’s shift toward replacing single-use plastics with eco-friendly, biodegradable polymers. BPC Blue is quickly becoming the go-to solution for industrial manufacturers, research institutes, and certification service providers around the globe who need reliable, cost-effective methods to evaluate the biodegradability of innovative polymer materials. This recent order reaffirms the value of BPC’s analytical tools in the polymer sector.”

 

BPC has received a purchase order from a leading US-based global producer of MDI-based polyurethanes. The order includes the delivery of BPC Blue Aerobic systems, valued at approximately 800,000 SEK. This client, a key player in polyurethane production with major facilities in the US, the Netherlands, and China, as well as over 30 downstream formulation plants worldwide, represents a significant business opportunity for BPC. The collaboration could open doors for further ventures and serve as a key reference for other industrial entities, especially as demand for biodegradability assessments of new polymers continues to rise. Revenue from this order is expected to be recognized in Q4 of this year.

 

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 fully complies with the most important ISO, European, and American standards for biodegradability evaluation in 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.

For more technical information about BPC® Blue, please visit the related product page, or contact our sales team at sales@bpcinstruments.com

For more information, please contact:

Dr. Jing Liu, CEO

BPC Instruments AB

Tel: +46 (0) 46 16 39 51

E-mail: ir@bpcinstruments.com

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