This book includes a plain text version that is designed for high accessibility. To use this version please follow this link.
10-02 :: February 2010
nanotimes
31
Companies
Facts
Sindre
®
400, has been SAT-approved (Site Accep- The nomination of Dr. Buscher results from a final
tance Test) by the purchaser UniLite (previously selection of various well qualified candidates, which
Luxtaltek). were identified in a thorough search process by the
Board of Directors beginning immediately after the
January - December 2009 Fourth quarter nomination of Mr. Ziegler as interim CEO.
• Fourth quarter sales amounted to SEK7.7 M (24.3);

http://www.oerlikon.com
• Fourth quarter profits after taxes were SEK-17.5 M
(-7.3), and earnings per share before dilution were
SEK-0.03 (-0.02); P
aragon Airheater Technologies has introduced a
revolutionary new product, DuraTEC™ - Tem-
• Gross margin stood at 70% (51%); pered Enamel Coating. DuraTEC™ is a new nano-
• Cash flow before financing activities was technology tempered vitreous (porcelain) enamel
SEK-1.6 M (-2.9); coating that is applied onto the element sheets of the
• Order intake was SEK10.8 M (19.3). power plant’s regenerative airheaters. In coal-fired
power plants, regenerative airheaters increase the
January - December 2009 efficiency of the plant (i.e. reduce coal consumpti-
• Sales for the period amounted to SEK51.6 M (71.5); on) by 10% to 15%, and for every ton of coal that is
• Profits after taxes were SEK-52.1 M (-28.8) and conserved, about 2.4 tons of the greenhouse gas CO
2

earnings per share before dilution were is eliminated. The element sheets inside an airheater
SEK-0.13 (-0.09); act as a huge heat sink that is used to preheat the air
• Gross margin stood at 51% (58%); before it goes into the boiler to reduce the amount
• Cash flow before financing activities was of fuel that is required for combustion. These ele-
SEK-59,3 M (-25.9); ment sheets can easily exceed one million square
• Order intake was SEK38.9 M (104.3); feet per power plant. DuraTEC™ is highly effective
• The order stock amounted at the close of the in reducing airheater problems that are caused by
period to SEK47.0 M (63.5); the undesirable corrosive and fouling side effects of
• New share issue with preferential rights provided burning fossil fuels as well as the compounded side
about SEK74 M in cash before issue expenses and effects of operating NOx pollution control devices.
guarantee costs. This corrosion and fouling can cost a plant millions

http://www.obducat.com of dollars per year in excess fuel cost, lost production
and destructive airheater corrosion.
T
he Board of Directors of Oerlikon Group has

http://www.paragonairheater.com/duratec.htm
appointed Dr. Michael Buscher to take on the
position as CEO of the company. It is expected that
Dr. Buscher will join Oerlikon in May 2010. Mr. p
Sivida Corp. (NASDAQ: PSDV; ASX: PVA), a
drug delivery company with two of the only
Hans Ziegler will continue in his role as Delegate of three ophthalmic sustained release delivery products
the Board until Dr. Buscher is free from his previous approved by the FDA for treatment of back-of-the-
contract obligations. eye diseases, announced financial results for its
Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69
Produced with Yudu - www.yudu.com