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ChromoGenics enters into cooperation with Finnglass
ChromoGenics has signed a letter of intent with Finnish Finnglass Oy regarding manufacturing, marketing and distribution of the dynamic glass ConverLight® Dynamic. Finnglass is a quality supplier of advanced glass solutions with many years of experience of integrating electrical functions in glass and modern manufacturing processes.
Finnglass is an innovative and technologically advanced manufacturer and supplier of glass solutions for customers in the construction industry throughout the world. Finnglass has extensive experience of integrating electrical functions in glass solutions. The intention is for Finnglass to customize, apply and laminate ChromoGenics’ electrochromic film and control systems into finished products. Finnglass ensures the quality in all phases of its glass manufacturing.
“The letter of intent is fully in line with our strategy to partner with leading companies in the glass industry, allowing us to focus more on our core competence, i.e., the production and development of electrochromic film. The cooperation with Finnglass is a win-win for both parties as well as for the construction industry, which through Finnglass gains easier access to ConverLight® Dynamic allowing them to reduce climate impact and improve the indoor environment in buildings,” says Fredrik Fränding, CEO of ChromoGenics.
ChromoGenics is a proptech company that produces dynamic glass for real estate. The company’s product ConverLight® Dynamic, controls indoor comfort with high daylight transmission, great view and solar heat blocking and thereby reduces cost of cooling. ConverLight® Dynamic is based on a patented solution where electrochromic coatings are laminated in plastic film and then laminated between glass. The plastic film is easy to transport, so long shipments of bulky glass can be avoided. ChromoGenics also offers static glass, ConverLight® Static, and the ConverLight® Energy facade glass solution. ChromoGenics’ stock was listed on Nasdaq First North Growth Market in 2017 and has supplied glass technology to several major real estate companies.
ChromoGenics originates from world-leading research at Ångströmlaboratoriet at Uppsala University. The company’s production facility in Uppsala has been partially financed with conditional loans from Energimyndigheten (Energy Authority) in Sweden. ChromoGenics’ share (CHRO) is listed on Nasdaq First North Growth Market with Erik Penser Bank as Certified Adviser: firstname.lastname@example.org