18th Jan 2021 13:06
Strix Group PLC - kettle safety controls supplier - Signs a contract with Chia Tai Group to adopt Strix's HaloPure technology at a pig farm in China that can farm 2,800 sow pigs. The HaloPure technology has the ability to not only treat raw incoming water, but also maintain an ongoing sanitised environment throughout the water line, Strix said. The application is designed for industries reliant on long-distance water lines with significant bacteria contamination, such as livestock farming. "In line with the strategy set-out at the Capital Markets Day in November, Strix continues to invest in compelling growth opportunities within the water category and remains focussed on capturing the medium-term benefit by entering into commercial agreements which will drive future profitability," said Chief Executive Mark Bartlett.
Current stock price: 230.40 pence, up 3.3% on Monday
Year-to-date change: up 4.7%
By Evelina Grecenko; [email protected]
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