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ClearVue Technologies (ASX:CPV) gets UL certification for large IGU panels

ASX News, Technology
ASX:CPV      MCAP $111.3M
14 June 2022 17:24 (AEST)

Source: Supplied

ClearVue Technologies (CPV) has received UL certification (UL 61730) for its triple glazed insulated glass unit (IGU) panels of up to 3.6 square metres.

UL certification is a requirement from global independent safety science company, UL, for the company to be able to sell its triple glazed IGU panels in the US and other international markets.

In late 2019, the company’s PV IGU product received UL certification which it described as a “major achievement”.

The new UL certification extends the former certification for it to be applied to large format glazing panels used in construction.

“The upscaling of the product, and now certification of the same, is a similarly important achievement for the company,” Executive Chairman Victor Rosenberg said.

“As previously noted, the UL certification and our ability to apply the UL Mark to the ClearVue IGU products provides peace of mind to architects, façade engineers, developers and building owners when specifying the ClearVue products into major building projects.”

Following the receipt of a ‘notice of completion and authorisation to apply the UL Mark’ Clearvue and its licensees may apply the UL Mark to new IGU products made at selected factory locations.

It can also apply the UL Mark to products made in accordance with the approved specifications of no larger than 3.6 square metres.

Company shares were down 10.5 per cent to trade at 25.5 cents at market close.

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