Seren planed to exploit an led high bay light technique developed by Tao Wang from the University of Sheffield in UK, and it would exchange capital equipment and complete several pilot-scale manufacturing cycles involving Seren’s manufacturing processes with the funds.
The ultraviolet LED technology was Phoseon’s mainly growth momentum, which could be used to dry and cure products for a variety of industries ranging from printing to wood finishing to medical device manufacturing.Also, the UV curing technology allowed customer for accelerated production speeds, lower production costs and reduced energy usage when compared to previous curing methods using heat for drying or solvent evaporation.
Dialight (LSE: DIA.L) announced that it has partnered with SME Eurofinance Group plc, asset finance and equipment finance specialists, to extend affordable and flexible leasing and lending options to customers looking to upgrade their existing lighting fixtures to Dialight’s high-efficiency, long-life LED lighting solutions.
“The reality is that financing options are becoming a critical component of many LED upgrade projects,” said Roy Burton, group chief executive at Dialight, the innovative global leader in LED Linear high bay light technology. “Working with SME Eurofinance we can help our customers by funding assets over their useful economic life and thereby protect valuable working capital for more productive purposes.”
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