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Accsys Technologies PLC- wood for thought (AXS)     

robinhood - 26 Oct 2005 08:54

Accsys, an environmental science technology company floated today on AIM at 1 Euro p/share. Their subsidiary Titan wood converses softwoods into hardwoods thru acetylation. Have a look at www.titanwood.com and /or obtain a copy of collins stewart research in company. Could be massive

robinhood - 08 Nov 2005 11:58 - 12 of 76

Accsys Technologies PLC
03 November 2005


3 November 2005 AIM: AXS


Ground-breaking research sets new standard for wood maintenance
as Accoya gets the thumbs up from Akzo Nobel.

Accsys Technologies PLC ('Accsys' or 'the Company') reports that Akzo Nobel
Decorative Coatings' subsidiary, Sikkens Joinery (Netherlands), has announced
ground-breaking results of a 10 year collaborative research programme which
shows that Accoya, the 'new wood species' developed by Accsys' wholly owned
subsidiary, Titan Wood, can last ten years or longer without the need for
repainting. The development of extended maintenance-free periods will
contribute significantly to the protection of rainforests by offering a highly
durable, non-toxic and environmentally friendly alternative to tropical
hardwoods.

The joint initiative between Titan Wood BV (
www.titanwood.com
) and Sikkens
Joinery, a leading provider of high quality paint systems, shows that Accoya
could set new standards for the wood industry by significantly reducing the cost
and therefore the environmental impact of maintaining products such as windows,
doors and cladding.

Accoya is made using a process which effectively converts softwoods and
non-durable hardwoods into an environmentally compatible 'new wood species'.
Accoya's exceptional performance is achieved solely by increasing the presence
of 'acetyl' in the wood - this molecule is naturally present in every wood
species, meaning that Accoya is completely non-toxic. Accoya is distinguished
by its durability, stability and, perhaps most importantly of all, its
reliability. With performance attributes similar to or better than the best
tropical hardwoods and superior to many artificial material alternatives, Accoya
is particularly suitable for outdoor use.

Commenting on the research Edward Pratt, CEO of Accsys, said: 'Accoya(TM) is
poised to fill a gap in a market that's looking for a high performance, reliable
alternative to tropical hardwoods and other materials. The combination of
Accoya and Sikkens' quality coatings makes Accoya(TM) even more attractive and
we're extremely encouraged by these results.'

Franck van Hooff, General Manager Sikkens Joinery Benelux, added: 'Accoya's
development fits well with Sikkens' LongLifeTM concept of Joinery. In fact,
customers are now asking us for maintenance-free periods of up to 10 years and
the combination of Accoya and our coatings systems will make that possible for
the first time. A further great advantage is that Accoya is produced from fast
growing timbers from plantations, available in large quantities in Europe and
other parts of the world. The felling of tropical timbers in rainforests to
produce items such as highly durable window sills will become redundant as
environmentally friendly alternatives like these become available. This fits
very well into our Corporate Social Responsibility strategy.'

Accsys' Directors believe that wood acetylation will form the Company's focus in
the short to medium term with the business plan forecasting strong growth in the
next few years. Accsys operates a large-scale pilot plant in Arnhem, the
Netherlands. This plant is presently being used to supply test material to
customers and potential licensees across the world. A full scale plant
currently under construction is scheduled to go into production in Summer 2006.


ENDS


For further information, please contact:

Accsys Technologies PLC William Paterson-Brown, +44 (0) 20 7598 4040
Executive Chairman

www.accsysplc.com

robinhood - 20 Dec 2005 10:53 - 13 of 76

Accsys Technologies PLC
19 December 2005

19 December 2005 AIM: AXS

Accsys to expand into the Middle East
following agreement with Skanfore LLC

Accsys Technologies PLC ('Accsys' or 'the Company') announces that its 100%
owned subsidiary, Titan Wood Ltd., has entered into an option agreement with
Skanfore LLC, of Abu Dhabi, to buy a wood acetylation licence for the United
Arab Emirates (UAE). The agreement puts Accsys well ahead of schedule for its
regional licensing expansion programme.

Terms of the agreement include up front payments as well as exclusivity to
produce Accoya(TM) acetylated wood in the UAE, based on volume commitments, with
an initial capacity of 50,000 cubic metres.

'We are delighted to enter into this agreement at a relatively early stage of
our development. There is no question that the UAE is a tremendous potential
market for Accoya and we are pleased to have an influential local partner who
shares the same vision for our environmentally friendly wood modification
business', said Willy Paterson-Brown, Executive Chairman of Accsys
(

robinhood - 02 Mar 2006 08:47 - 14 of 76

Accsys Technologies PLC
02 March 2006

2nd March 2006 AIM: AXS


Accoya, a 'new wood species', is to launch in the UK
in partnership with UK's largest sawmilling business,
BSW Timber

Accsys Technologies PLC (
www.accsysplc.com
) is bringing Accoya, a 'new species'
of high performing wood, into the UK and Ireland. The company's wholly owned
subsidiary, Titan Wood Ltd (
www.titanwood.com),
has signed an agreement with BSW
Timber ('BSW'), the UK's biggest sawmilling business, for the rights to become
the exclusive supplier and producer of Accoya in the region.

The agreement follows two years of joint research and development and customer
trials with a number of joinery companies in the UK, as well as extensive work
with specialist industry partners in coatings and associated products. Under
the agreement, BSW (
www.bsw.co.uk
) is investing to have exclusive rights in UK
and Ireland to market Accoya, a modified wood product that offers outstanding
performance in terms of durability, stability and reliability, to its broad base
of customers.

This development is consistent with the strategy outlined by Accsys at the time
of its Initial Public Offering in October 2005.

Accoya offers key performance attributes that are equivalent to or better than
the best tropical hardwoods and superior to many artificial material
alternatives. It is produced using a patented process that effectively converts
sustainably grown softwoods and non-durable hardwoods into what is best
described as a 'new wood species' by increasing the amount of acetyl molecules
present in the wood. Since acetyl molecules are already present in all wood
species, the process does not introduce anything that does not occur naturally
in wood and Accoya is therefore completely non-toxic.

Paul Barham, Chief Executive of BSW, said: 'The Accoya brand fits well with the
construction industry's growing demand for high performance, low maintenance,
sustainable, competitively priced wood products. Accoya is revolutionary yet
founded on many years' research and we believe that it has significant market
potential in the UK where it will be a viable alternative to tropical hardwoods
and artificial materials in exterior applications.'

Ed Suttie, (Director, Timber), of leading independent research, consultancy and
testing agency, BRE (
www.bre.co.uk
) commented: 'An essential component of the
future sustainable use of wood will rely on innovative technologies such as
acetylated wood. I am excited that the promise shown during the development of
acetylated wood is at last being brought to market. This is great news for wood
in Europe and great news for customers of wood products.'

Edward Pratt, CEO of Accsys Technologies, added: 'As a recognised industry
leader with more than 150 years of trading history in the UK, BSW is a perfect
partner for Titan Wood. Their investment in the Accoya brand is a powerful
endorsement of the market potential for this excellent new material. Through
this agreement we will be able to make Accoya more rapidly available to the many
architects, engineers, local authorities, companies and consumers who are
actively seeking more reliable, attractive and sustainable options in their
choice of building materials.'

ENDS



For further information, please contact:


Accsys Technologies PLC Collins Stewart Parkgreen Communications

www.accsysplc.com
Limited

William Paterson-Brown, Andrew Smith / Martin Eales Justine Howarth / Ana Ribeiro
Executive Chairman
+44 (0) 20 7598 4040 +44 (0) 20 7523 8000 +44 (0) 20 7493 3713



Notes to Editors

Accsys Technologies - owns the rights to a number of processes, including high
temperature cracking and cellulose modification. Accsys' core technologies have
either existing patent protection or pending patent applications. Accsys is
focusing its energies on the launch of its Titan Wood business: once this
business has been established, the Directors intend to pursue other technologies
within its portfolio.

BSW Timber - BSW Timber is the largest sawmilling business in Great Britain. The
company's foundations go back to 1848 and the current company was formed in 1988
through a merger of the Brownlie family business and two other companies, Thomas
Smith & Sons and Western Softwoods.

Wood Acetylation - Wood acetylation is a process which increases the amount of '
acetyl' molecules in wood, thereby changing its physical properties. The
process protects wood from rot by making it 'inedible' to most micro-organisms
and insects, without - unlike conventional treatments - making it toxic. It
also greatly reduces the wood's tendency to swell and shrink, making it less
prone to cracking and ensuring that when painted it requires dramatically
reduced maintenance.


This information is provided by RNS
The company news service from the London Stock Exchange



robinhood - 20 Mar 2006 10:33 - 15 of 76

For those still unconvinced plse have a look at Business Section of the Sunday Telegraph (dated 19/3). Nice recommendation

robinhood - 21 Mar 2006 10:22 - 16 of 76

Accsys Technologies PLC
20 March 2006

20th March 2006
AIM: AXS

Accoya wood to Set 'New Standards of Reliability' across
Windows, Doors and Cladding Markets


Following BSW Timber's recent Press Release, which is reproduced below, Accsys
Technologies PLC comments as follows:

BSW recognises the market potential for Accoya wood, with its exceptional
attributes: dimensional stability, durability, reliability and
sustainability;

BSW will promote Accoya wood to UK & Ireland's major window, door
manufacturers and joinery firms and has further plans to market Accoya wood
in the timber cladding sector through the A. Proctor Group Ltd.;

BSW has forged an exclusive agreement with leading coatings supplier Akzo
Nobel Sikkens to provide a package of coatings guarantees for windows and
doors that is set to create a new industry benchmark; and

Extensive testing has yielded impressive results, endorsed by British
Research Establishment.


BSW Press Release reads as follows: ' BSW Timber, the UK's largest sawmilling
group, is hoping a new high performance wood will significantly increase its
share in the windows, doors and cladding markets.

The company has signed an agreement with Titan Wood to be the exclusive supplier
across the UK and Ireland of Accoya wood - a modified, environmentally friendly
wood that offers outstanding levels of performance, stability and
sustainability.

Following two years of extensive research, BSW is now promoting Accoya wood to
many of the UK's leading window and door manufacturers as well as joinery firms,
and is further planning a route to market for the timber cladding sector through
the A Proctor Group. BSW has also signed an exclusive agreement with leading
coatings supplier Akzo Nobel Sikkens to provide a high quality finish for the
new product.

Accoya wood offers performance attributes that are equivalent to or better than
the best tropical hardwoods and superior to many artificial material
alternatives. It is produced using a patented process that adapts sustainably
grown softwoods and non-durable hardwoods by increasing the amount of acetyl
molecules present in the wood. Natural wood has 2% acetyl molecules, oak has 4%
and Accoya wood has 20%.

Wood acetylation protects wood from rot by making it inedible to most
micro-organisms and insects, without making it toxic. It also greatly reduces
the wood's tendency to swell and shrink, making it less prone to cracking and
ensuring that when painted it requires dramatically reduced maintenance.

Since acetyl molecules are already present in all wood species, the process does
not introduce anything that does not occur naturally in wood and Accoya wood is
therefore completely non-toxic.

John Alexander, Head of Business Development at BSW Timber, says: 'Accoya wood
will raise standards of reliability and performance for timber windows, doors
and cladding to new levels. It is a high performance wood product, which has
excellent environmental credentials and is more sustainable than other materials
used in non-timber windows and doors.

'Testing of Accoya wood for machining properties, gluing and coatings has now
been completed, with excellent results. We now offer a product that has new
levels of warranty against decay and a new warranty for quality coating
finishes, and does not require any further preservative treatment at joinery
companies' factories.

'Significantly, these benefits are endorsed and backed by leading third party
technical experts such as the British Research Establishment. And our two-year
commercial partnership with Akzo Nobel Sikkens will offer a solution for joinery
companies looking for new market opportunities and increased manufacturing
efficiencies.

'We aim for this advanced technology to contribute to our partner and customer
success in the joinery products market, as well as helping them compete with
non-wood products and imported timber windows.'

Customer trials of Accoya wood in key product applications are currently
underway in the UK with BSW and Titan Wood interested in establishing reference
projects for the UK, in cladding in particular, during the next four to six
months.

Trial material, at maximum four metres lengths, is coming to the UK from Titan
Wood's large-scale pilot plant in the Netherlands. Titan Wood is presently
building a 30,000 m3 commercial scale production plant, with start-up due in
September 2006.

Initial commercial volumes are expected to be available in the UK through BSW
towards the end of 2006. Larger volumes will be available in the in 2007 once
the Dutch operating plant achieves full operating conditions. BSW Timber plans
to establish a BSW Accoya wood production plant in the UK as the market
materialises.'


ACCOYA is a registered trademark owned by Titan Wood Limited


ENDS



For further information, please contact:

Accsys Technologies PLC Collins Stewart Parkgreen Communications
William Paterson-Brown, Andrew Smith / Martin Eales Justine Howarth / Ana Ribeiro
Executive Chairman
+44 (0) 20 7598 4040 +44 (0) 20 7523 8000 +44 (0) 20 7493 3713

www.accsysplc.com




Notes to Editors: BSW Timber in the UK / Europe

BSW Timber is the largest sawmilling business in Great Britain. The company
has six sawmills in the UK and one in Latvia, producing a total of over
600,000m3 of sawn timber per year.

BSW Timber supply sawn timber products to customers in the Construction,
Pallet and Packaging, Fencing and Garden Products sectors.

BSW is committed to supporting sustainable forestry, and use FSC
certification by independent auditors as a way to display this.

All BSW Timber sawmills have FSC Chain of Custody Certificates, and all
timber supplied from UK sawmills is FSC certified.

BSW Timber's Group Headquarters is in Earlston, Berwickshire. Its six UK
sawmills are based in:

o Boat of Garten, Inverness-shire / Fort William, Inverness-shire /
Petersmuir, East Lothian / Carlisle, Cumbria / Newbridge-on-Wye,
Powys / Senghenydd, Mid Glamorgan


Accsys Technologies - owns the rights to a number of processes, including high
temperature cracking and cellulose modification. Accsys' core technologies have
either existing patent protection or pending patent applications. Accsys is
focusing its energies on the launch of its Titan Wood business: once this
business has been established, the Directors intend to pursue other technologies
within its portfolio.

Wood Acetylation - Wood acetylation is a process which increases the amount of '
acetyl' molecules in wood, thereby changing its physical properties. The
process protects wood from rot by making it 'inedible' to most micro-organisms
and insects, without - unlike conventional treatments - making it toxic. It
also greatly reduces the wood's tendency to swell and shrink, making it less
prone to cracking and ensuring that when painted it requires dramatically
reduced maintenance.


This information is provided by RNS
The company news service from the London Stock Exchange



robinhood - 27 Apr 2006 09:24 - 17 of 76

For those still not knowing what to do with their ISA allocation for 2006/7 have another look at AXS-also a nice article in this weeks Shares magazine

robinhood - 03 Aug 2006 08:51 - 18 of 76

Accsys Technologies PLC
02 August 2006


2nd August 2006
AIM: AXS


Titan Wood and Roggemann sign exclusive agreement
to launch AccoyaTM wood in the German market


Accsys Technologies PLC ('Accsys' or 'the Company',
www.accsysplc.com
) announces
that its 100% owned subsidiary, Titan Wood BV, has entered into a cooperation
agreement with the Roggemann Group, of Germany (
www.roggemann.de
)

The exclusive agreement, between AccoyaTM producer Titan Wood, based in Arnhem,
the Netherlands and the Roggemann Group from Bremen, Germany, one of the leading
German timber traders, is to bring an innovative new product in the wood
industry to the German market. AccoyaTM, a 'new wood species' is extremely
durable, reliable and dimensionally stable. It is created by the modification of
sustainable wood species, with low natural performance attributes, through a
process of acetylation.

AccoyaTM wood, with its extraordinary technical and ecological benefits, is the
ultimate wood for high quality outdoor applications such as doors, windows,
cladding, decking and external wooden constructions. The cooperative agreement,
signed earlier this month, will result in the first deliveries of the product to
Germany this year.

Carl Jastram, Business Development and Purchasing Manager for Roggemann, said, '
Looking at the outstanding technological and environmental benefits, the
Roggemann Group is convinced that AccoyaTM wood will shortly achieve a
considerable market share in Germany. We see this product meeting the demand for
high performance wood that satisfies the expectations of quality end products
that German consumers have come to expect'.

He went on to say, 'The work that Roggemann has done with trial customers
indicates that the performance is sufficiently good that it should not only give
a strong selling advantage, but that it should also help to reverse the tide of
manufacturers (and consumers) switching from wood to plastics and other less
environmentally friendly alternatives'.

Bert Kattenbroek, Sales & Marketing Manager at Titan Wood, added, 'It is the
exceptional material properties of acetylated wood which convinced the experts
at Roggemann to work with us. Early in 2005 the Roggemann business development
team established workgroups with leading window manufacturers. This exclusive
agreement with Roggemann for selling AccoyaTM wood in Germany, with rights also
to sell in Poland, is the culmination of eighteen months of close co-operation'.

The company group Enno Roggemann was set up in 1948 in Bremen and later on
expanded with additional outlets in Luneburg, Harsum, Ellerbek, Basdorf,
Niemberg (g) Coesfeld and Georgensgmund.

With their eight warehouses the Roggemann Group has a turnover of more than
300,000 m3 per year. A fleet of over 100 trucks delivers the products to trading
companies, joineries and industrial producers. In total Roggemann employs over
400 people.

A group of nearly fifty sales staff from the Roggemann Group has received
training at Titan Wood's Arnhem facilities which include both a pilot production
plant and a new commercial-scale production facility which is nearing
completion.

Carl Jastram concluded, 'Roggemann can see the situation where AccoyaTM wood,
produced from consistently available, 100% sustainable forested wood, replaces
large parts of the tropical wood that is used in joinery, decking and cladding
applications. We believe that demand from our German customers could
realistically exceed 10,000 m3 within a year and more, once the end-users become
familiar with the many performance benefits of AccoyaTM wood'.


(
www.titanwood.com
)
(
www.accoya.info
)


ENDS



For further information, please contact:

Accsys Technologies PLC Willy Paterson-Brown / +44 (0) 20 7598 4040

www.accsysplc.com
Jacquie Duncan
Collins Stewart Limited Michael O'Brien / Stephen Keys +44 (0) 20 7523 8000
Parkgreen Communications Justine Howarth / Ana Ribeiro +44 (0) 20 7493 3713



Notes to Editors

Accsys Technologies - owns the rights to a number of processes, including high
temperature cracking and cellulose modification. Accsys' core technologies have
either existing patent protection or pending patent applications. Accsys is
focusing its energies on the launch of its Titan Wood business: once this
business has been established, the Directors intend to pursue other technologies
within its portfolio.

Wood Acetylation - Wood acetylation is a process which increases the amount of '
acetyl' molecules in wood, thereby changing its physical properties. The
process protects wood from rot by making it 'inedible' to most micro-organisms
and insects, without - unlike conventional treatments - making it toxic. It
also greatly reduces the wood's tendency to swell and shrink, making it less
prone to cracking and ensuring that when painted it requires dramatically
reduced maintenance.


This information is provided by RNS
The company news service from the London Stock Exchange

robinhood - 12 Oct 2006 16:57 - 19 of 76

Told everyone 1 year ago to get in at Euro 1.07---now at Euro 1.57 with more good news to come shortly

robinhood - 06 Dec 2006 14:39 - 20 of 76

now at 1.70 euro p/s- woken up yet?

Mr Turbot - 06 Dec 2006 15:29 - 21 of 76

I was awake and bought in at 1.58. Not a huge profit yet but looks interesting to me. Thanks for bringing it to my attention Robin

matthewrobson - 08 Dec 2006 15:55 - 22 of 76

does anyone know how the factory build is coming along

matthewrobson - 13 Dec 2006 10:09 - 23 of 76

2007 will be an interesting year



Accsys Technologies PLC
13 December 2006





INTERIM RESULTS FOR THE SIX MONTHS TO 30 SEPTEMBER 2006


ACCSYS TECHNOLOGIES PLC ('Accsys' or 'the Company')



Highlights



The world's first commercial AccoyaTM production plant being built by
Accsys subsidiary Titan Wood is nearing completion in Arnhem, the
Netherlands.

Commissioning of the plant began in November and the first production
batches are expected within a few weeks.

Two thirds of planned 2007 production is already committed to early
customers. Among the larger sales contracts are those with BSW Timber
(
www.bsw.co.uk),
the UK's largest sawmilling company, and the Enno Roggemann
Group (
www.roggemann.de),
the leading German timber trader.

Titan Wood, which has had expressions of interest more than covering the
remainder of its planned volume, intends to allocate its remaining available
capacity for premium customers, the development of new product applications
and trials for prospective licensees.

BSW Timber is one of several companies holding options for the production
of AccoyaTM in their domestic markets. Two other options have been granted
which establish priority and or a degree of exclusivity. Discussions are
currently underway with a number of interested parties, which are expected
to lead to further agreements in 2007.

Results for the 6 month period show capital expenditure of 8.4 million
and a pre tax loss of 3.7 million (2005: loss of 2.2 million) in line with
business plans.

Following Accsys's share placement in November, substantial cash resources
remain available to support the solid AccoyaTM wood business and to finance
the further development of next generation products and technologies, in
particular acetylated fibre products (such as MDF).



CHAIRMAN'S STATEMENT





Introduction



2006 has seen the group established as a public company, enjoying strong
shareholder support. We have successfully achieved market recognition of Accoya
TM, our brand symbolising the stability, durability and reliability of
acetylated wood, and have been very encouraged by the reaction to our business
proposition around the globe. The period covered by this report has seen the
physical construction of our new wood acetylation plant in Arnhem. The
commissioning of our plant is now underway and the first commercial sales of
AccoyaTM are anticipated next month.



Plant construction



Since our financial year end in March, the physical construction of the wood
acetylation plant has proceeded and despite various challenges has been
completed within the projected time frame utilising contingencies incorporated
in the planning. This plant will prove the group's proprietary AccoyaTM
production process at full commercial scale, generate local sales for the
company and provide seed material to our licensees. Larger capacity production
facilities that potential licensees are expected to construct are expected to
use the modular reactor designs now being commissioned in series.



The completion of construction within the year is a testament to the
determination and motivation of both Accsys' own team and of its many partners,
suppliers and the local and regional government agencies. The site onto which
the plant was relocated was not available for construction until March 2006,
with parts only released several months later. This necessitated extremely
complicated project scheduling, which was ably achieved by the local Titan Wood
management and Akzo Nobel Engineering teams, to whom enormous credit must be
given. The scheduling would not have been possible without the cooperation of
the municipal Arnhem government and the provincial authorities of Gelderland,
who acted swiftly in responding to permit and approval requests, as well as
fairly and reasonably in the resolution of the various issues that inevitably
arise in a project of this complexity. This business-like responsiveness bodes
well for our future expansion plans, as well as for other companies considering
Gelderland, and Arnhem in particular, as a future base for their businesses.
Certain challenges have caused costs to increase, with additional investment
required in respect of utilities and storage. These situations are being
resolved and are not expected to undermine our prospects.



In parallel with the construction of the wood acetylation plant, we have been
commissioning our acetic acid recycling technology (the ketene cracker). This
revolutionary technology is the first of its kind and involves a radical
re-thinking of the standard methodologies used in conventional plants. We
consider the safety of our staff and the community as the Company's first
responsibility, accordingly every effort has been made to minimise operational
risk. We have faced a number of challenges as certain new strategies were
adopted during commissioning and, most significantly, the control systems were
substantially revised during the year, with safety at the top of the agenda.
The lessons learned during this period confirm the principles of the core
reactor (our proprietary system) and our engineering and operating teams are
confident of future success.



Product and customer development



The exceptional progress achieved in the construction of the wood acetylation
plant has been matched or even exceeded by the progress made in both product and
customer development. Perhaps the best evidence is the commitment by our
customers to the product: we have now announced sales contracts which cover more
than 60% of our 'base case' planned production for the next 12 months. The
remaining volumes are more than covered by expressions of interest, many of
which are presently being finalised into sales agreements and indeed we are
already examining the expansion of the Arnhem plant.



Licensing



The primary goal of the business is to maximise returns through licensing the
Group's production technology. Good progress has been made with process testing
programmes undertaken with potential licensees. Following the signing of our
first agreement providing geographical exclusivity for a potential production
licensee, two further agreements have been signed granting limited duration
geographical or product exclusivity to potential licensees in return for option
payments. In anticipation of becoming a manufacturing licensee, one of the
holders of such a license has recently entered into a trading agreement for the
provision of substantial volumes of AccoyaTM over the period it is expected to
take for negotiations to be completed and a their own production facility to be
built and commissioned. We continue to develop licensing opportunities across
the world, and are confident of good progress in the coming year after our
production plant comes online.



Post balance sheet event - share placing



On 8 November 2006, the Company completed the placing of 6,623,172 new Ordinary
shares at a price of 1.48 each, raising 9,557,000 net of expenses. These
shares were issued under the dis-application authority vested in the directors
by the shareholders to issue additional shares up to 5% of the shares then in
issue.



Dividends



The directors do not intend to pay a dividend until the Company has established
strong cash flow and reported satisfactory profitability.





Willy Paterson-Brown
Executive Chairman
12 December 2006



INTERIM FINANCIAL STATEMENTS TO 30 SEPTEMBER 2006


Consolidated profit and loss account

Unaudited Unaudited Audited
6 months ended 6 months ended Year ended
30 Sept 2006 30 Sept 2005 31 March 2006
'000 '000 '000

Turnover - - 80

Administrative expenses (3,487) (2,327) (5,860)
_________ _________ _________


Operating loss (3,487) (2,327) (5,780)

Interest receivable/(payable) and (242) 111 782
similar income/(expense)
_________ _________ _________


Loss on ordinary activities before (3,729) (2,216) (4,998)
and after taxation
_________ _________ _________


Retained loss for the period/year (3,729) (2,216) (4,998)
_________ _________ _________


Basic and diluted loss per share (0.03) (0.02) (0.04)




All amounts relate to continuing activities
All recognised gains and losses are included in the profit and loss account.



The notes set out on pages 7 to 10 form part of these interim financial
statements




Notes forming part of the interim financial statements for the period ended 30
September 2006


1. Accounting policies



Basis of Preparation



Accsys Technologies PLC was incorporated on 11 August 2005 and acquired Accsys
Chemicals PLC by means of a share for share exchange, with Accsys Chemicals PLC
becoming wholly owned on 22 November 2005.

Accordingly, the consolidated results for the comparative period, the six months
to 30 September 2005, reflect the results and position of the group as if the
Company had already acquired Accsys Chemicals PLC at that date.

These interim financial statements for Accsys Technologies PLC have been
prepared on a basis consistent with the accounting policies that will be adopted
in the Company's annual report and accounts for the year ended 31 March 2007.

The figures for the year ended 31 March 2006 have been extracted from the
Company's annual report and accounts for that period which have been filed with
the Registrar of Companies. The independent auditors' report on the 2006 Accsys
Technologies PLC accounts was unqualified and did not contain any statement
under section 237(2) or (3) of the Companies Act 1985. The financial
information in this document does not constitute statutory financial statements
within the meaning of section 240 of the Companies Act 1985.



Share based payments



Effective 1 April 2006, the Group adopted FRS20 Share Based Payments. A fair
value for the share options awarded is measured at the date of grant. The
aggregate amount of the cumulative charge in respect of all periods to 30
September 2006 is 100,000. This includes an amount of 66,000 in respect of
prior periods which is considered immaterial in the context of the prior period
results. Accordingly, the results for the prior period have not been restated
and the entire amount has been charged in arriving at the result for the period
to 30 September 2006.


2. Reconciliation of movements in reserves
Profit & Loss
Merger Reserve Account
'000 '000

Opening balance 106,707 (82,759)
Share based payment charges - 100
Transfer to Merger Reserve on
liquidation of former holding company (18,891) 18,891
Loss for the period - (3,729)
_________ _________

Closing balance 87,816 (67,497)
_________ _________



Notes forming part of the interim financial statements for the period ended 30
September 2006





3. Reconciliation of operating loss to net cash outflow from operating activities


6 months ended 6 months ended Year ended
30 September 2006 30 September 2005 31 March 2006
'000 '000 '000

Operating loss (3,487) (2,327) (5,780)
Share based payment charges 100 - -
Depreciation of tangible
fixed assets 162 29 21
Amortisation of intangible
fixed assets 206 - 531
(Increase) in stock (237) - -
Decrease/(increase) in debtors 158 46 (497)
(Decrease)/increase in creditors (452) 450 1,257
_________ _________ _________

Net cash flow from operating (3,550) (1,802) (4,468)
activities _________ _________ _________




4. Reconciliation of net cash flow to movement in net funds


6 months ended 6 months ended Year ended
30 September 2006 30 September 2005 31 March 2006
'000 '000 '000

Increase/(decrease) in cash in
the period/year 941 (3,643) 13
Shares issued in settlement of
debt - 1,195 1,195
_________ _________ _________

Movement in net funds in
the period/year 941 (2,448) 1,208
Opening net funds 4,577 3,369 3,369
_________ _________ _________

Closing net funds 5,518 921 4,577
_________ _________ _________





Notes forming part of the interim financial statements for the period ended 30
September 2006




5. Analysis of net funds


Opening Cash Non-cash Closing
Balance Flow Changes Balance
'000 '000 '000 '000

Period ended 30 September 2006
Cash in hand and at bank 4,577 941 - 5,518
_______ _______ _______ _______

Period ended 30 September 2005
Cash in hand and at bank 4,564 (3,643) - 921
Debt due within one year (1,195) - 1,195 -
_______ _______ _______ _______

Total 3,369 (3,643) 1,195 921
_______ _______ _______ _______

Year ended 31 March 2006
Cash in hand and at bank 4,564 13 - 4,577
Debt due within one year (1,195) - 1,195 -
_______ _______ _______ _______

Total 3,369 13 1,195 4,577
_______ _______ _______ _______



Notes forming part of the interim financial statements for the period ended 30
September 2006




6. Loss per share


The loss per share is shown below. The loss per share for the six months to 30
September 2005 is based upon the notional number of Accsys Technologies shares
that would have been in issue if the Company had completed its Offer for the
entire issued share capital of Accsys Chemicals PLC on the same terms but at the
earlier date.


6 months ended 6 months ended Year ended
30 September 2006 30 September 2005 31 March 2006
'000 '000 '000

Weighted average number of
Ordinary shares in issue 132,463,447 105,260,799 116,975,026

Loss for the period/year
'000 3,729 1,716 4,998
Loss per share (0.03) (0.02) (0.04)



Since none of the Company's potential Ordinary shares are dilutive, there is no
difference between basic and fully diluted loss per share.




7 Post balance sheet events



On 8 November 2006, the Company completed the placing of 6,623,172 new Ordinary
shares at a price of 1.48 each raising approximately 9,557,000 after expenses.



Independent review report to ACCSYS TECHNOLOGIES plc

Introduction

We have been instructed by the company to review the financial information set
out on pages 4 to 10 for the six months ended 30 September 2006 which has been
prepared on the basis set out in 'Basis of Preparation'. We have read the other
information contained in the interim report and considered whether it contains
any apparent misstatements or material inconsistencies with the financial
information.



Our report has been prepared in accordance with the terms of our engagement to
assist the company in meeting the requirements of the rules of the London Stock
Exchange for companies trading securities on the Alternative Investment Market
and for no other purpose. No person is entitled to rely on this report unless
such a person is a person entitled to rely upon this report by virtue of and for
the purpose of our terms of engagement or has been expressly authorised to do so
by our prior written consent. Save as above, we do not accept responsibility
for this report to any other person or for any other purpose and we hereby
expressly disclaim any and all such liability.

Directors' responsibilities

The interim report, including the financial information contained therein, is
the responsibility of, and has been approved by the directors. The directors are
responsible for preparing the interim report in accordance with the rules of the
London Stock Exchange for companies trading securities on the Alternative
Investment Market which require that the half-yearly report be presented and
prepared in a form consistent with that which will be adopted in the company's
annual accounts having regard to the accounting standards applicable to such
annual accounts.

Review work performed

We conducted our review in accordance with guidance contained in Bulletin 1999/4
issued by the Auditing Practices Board for use in the United Kingdom by auditors
of fully listed companies. A review consists principally of making enquiries of
group management and applying analytical procedures to the financial information
and underlying financial data and based thereon, assessing whether the
accounting policies and presentation have been consistently applied unless
otherwise disclosed. A review excludes audit procedures such as tests of
controls and verification of assets, liabilities and transactions. It is
substantially less in scope than an audit performed in accordance with
International Standards on Auditing (UK and Ireland) and therefore provides a
lower level of assurance than an audit. Accordingly we do not express an audit
opinion on the financial information.

Review conclusion

On the basis of our review we are not aware of any material modifications that
should be made to the financial information as presented for the six months
ended 30 September 2006.





BDO STOY HAYWARD LLP
Chartered Accountants
London
12 December 2006




This information is provided by RNS
The company news service from the London Stock Exchange


robinhood - 11 Jan 2007 15:01 - 24 of 76

AXS won contract with Dutch government and talks well advanced with Chili. Shareprice now at euro 1.93 and rising steadily- (just wish SEO had some of AXS directors in the boardroom...)

robinhood - 12 Jan 2007 14:40 - 25 of 76

up another 4-5% today!!!!!!!!!!!!!!!!!

robinhood - 19 Jan 2007 11:48 - 26 of 76

Euro 2.09 now!!!! (doubled since flotation 26/10/05) and only just started up and sold out capacity for 2007 with talks in process to double output in Arnhem The Netherlands

robinhood - 02 Feb 2007 13:21 - 27 of 76

nice steady progress Euro 2.20 now!!! (just look at the background and the charts)

robinhood - 19 Feb 2007 10:21 - 28 of 76

steady she goes 2.34 now

robinhood - 26 Mar 2007 09:12 - 29 of 76

Nice little report in shares mag issue 9

robinhood - 26 Mar 2007 09:12 - 30 of 76

sorry vol 9 issue 12

robinhood - 27 Mar 2007 10:56 - 31 of 76

Euro 2.47 now!!!- sorry for late post- have been on the slopes.

Accsys Technologies PLC
19 March 2007


19th March 2007 AIM: AXS


Accsys announces commercial production of AccoyaTM wood


Accsys Technologies PLC ('Accsys' or 'the Company') announces that Titan Wood
(
www.titanwood.com),
its 100% owned subsidiary, has successfully commenced the
commercial production of AccoyaTM wood in the Netherlands.

Following the completion of construction at the end of last year, the eagerly
anticipated first batch of AccoyaTM rolled smoothly off the production line at
Titan Wood's new 30,000 m3 Arnhem facility earlier this month. Quality testing
has shown that the material significantly exceeded the Company's key minimum
quality standards and as a result the first material produced has been accepted
for use in one of the most demanding exterior applications: sheet piling for
Dutch canals. Accoya's exceptional durability and dimensional stability makes
it the ideal material to withstand exposure to extreme weather conditions.

In the coming weeks the company will focus on optimising the process and begin
processing even higher grades of material for use in premium applications such
as windows, doors and cladding to meet the demands of its customers, including
BSW Timber in UK.

Eddie Pratt, Chief Executive of Accsys, commented: 'This is a great milestone
for our company and, with construction and commissioning completed in only
eleven months, a significant achievement for our team. Our order books are
completely solid for the next six months, with sales confirmed in applications
including cladding, siding, windows, doors, canal linings and civil
construction. Eventually we hope to see AccoyaTM used in an even wider range of
applications, replacing many other less effective and, equally importantly, less
sustainable materials. We are already looking forward to the expansion of our
plant which last year's move to the new, larger site has made possible.'

With commercial production underway at Arnhem, the Company is now in a position
to solidify licence negotiations and fully expects to be in a position to make
announcements of Licence agreements during the second quarter.


ACCOYA is a registered trademark owned by Titan Wood Limited


ENDS


For further information, please contact:

Accsys Technologies PLC William Paterson-Brown, +44 (0) 20 8122 9191

www.accsysplc.com
Executive Chairman

Collins Stewart Limited Tim Mickley / Michael O'Brien +44 (0) 20 7523 8000
Parkgreen Communications Justine Howarth / Clare Irvine +44 (0) 20 7851 7480



Notes to Editors

Titan Wood Limited (
www.titanwood.com
) is wholly owned subsidiary of the Accsys
Technologies PLC (
www.accsysplc.com
) group of companies. Accsys Technologies PLC
is listed on the London Stock Exchange AiM market under the symbol 'AXS'.

Wood Acetylation is a process, which increases the amount of 'acetyl' molecules
in wood, thereby changing its physical properties. The process protects wood
from rot by making it 'inedible' to most micro-organisms and insects, without -
unlike conventional treatments - making it toxic. It also greatly reduces the
wood's tendency to swell and shrink, making it less prone to cracking and
ensuring that when painted it requires dramatically reduced maintenance.

AccoyaTM wood (
www.accoya.info
) is produced using a patented process that
effectively converts sustainably grown softwoods and non-durable hardwoods into
what is best described as a 'new wood species'. Distinguished by its durability,
dimensional stability and, perhaps most importantly of all, its reliability (in
terms of consistency of both supply and quality), AccoyaTM wood is particularly
suited to exterior applications where performance and appearance are valued.
Unlike most tropical and European hardwoods, its colour does not degrade when
exposed to ultraviolet light. Moreover, the AccoyaTM wood production process
does not compromise the wood's strength or machinability. The combination of UV
resistance, dimensional stability, durability and retained strength means that
AccoyaTM wood offers a wealth of new opportunities to architects, designers and
specifiers. For marine uses where weight is also important, AccoyaTM wood for
the first time provides boat builders with a wood that is strong, lightweight,
durable and which retains its natural beauty for far longer.

BSW is the UK's largest sawmilling group which will be the exclusive supplier of
AccoyaTM in the UK and Ireland.


This information is provided by RNS
The company news service from the London Stock Exchange



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