Nviro floating on AIM to raise GBP7.5 million

07 Aug 2007 | News

Nviro Cleantech Ltd is raising GBP7.5 million in an initial public offering on the Alternative Investment Market in London, to advance the commercialisation of a number of cleantech technologies it has in-licensed.

The company, was set in October 2005, aims to develop each project to the point where it is capable of being a self-sustaining business. The technologies were sourced from small private developers and universities in the UK and Europe.

The Group has in-licensed a portfolio of five technologies, as follows: the Vertus Reductive Thermal Process, a technology used to clean low quality coal and biomass to produce high-grade, anthracite-like fuel; Microrelease, a technology used to recycle medium density fibre and particle board into a high quality reusable wood fibre; Carbon co-burner, a laser based ignition technology, enabling the firing of clean and energy efficient carbon powder, as a co-burning fuel in new and existing heat and power boilers and steam plants; Organotect lab-on-a-chip, a field-based micro-fluidics plasma detection system that allows the rapid analysis of hazardous chemicals; Laseair, a clean air technology that utilises a low energy source laser to clean and decontaminate air.


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