PCAS : ENERSENS, a subsidiary dedicated to superinsulating materials, finances its growth

Longjumeau, June 12th, 2013

PCAS, a leader in Fine Specialty Chemicals, has announced a capital increase for its subsidiary Enersens in which the company Parsnip, represented by Mr. Denery Fenouil, has acquired a 25% interest for ?3.2 million.

"We are delighted to welcome Parsnip as an Enersens shareholder. Parsnip's capital contribution is decisive for the implementation of our industrial and commercial development plan" affirms Mr. Didier Schneider, Chairman of Enersens.

"Our aim is to become a European leader in the field of superinsulating materials intended for the construction and industrial (transportation, energy, etc.) sectors. We want to actively contribute to the emergence of a network of excellence in these sectors that create economic and social value" explains Mr. Denery Fenouil.

"Enersens has a particularly innovative technology that it uses to manufacture a material with exceptional performance: the best thermal insulation solution known to date, it is fire-proof and also soundproofing. Market demand for this type of highly efficient material that significantly reduces our energy dependency bodes well for Enersens' future growth" underlines Mr. Pierre-André Marchal, Executive Director of Enersens.

About Enersens:
Enersens, a French Société par Actions Simplifiée in which PCAS holds a majority share, has developed products and technologies in the field of highly efficient aerogels and insulating materials. Enersens has its own development and production facilities and currently manufactures silica aerogel in granular form at the PCAS Bourgoin-Jallieu site (Isère). The synthetic process was originally developed in partnership with Mines ParisTech with the support of ADEME, the French Environment and Energy Management Agency. Enersens is also planning to manufacture a range of paneled and padded products using a patented technology.

About PCAS:
PCAS (www.pcas.com) is listed on Compartment C of Euronext on the Paris stock exchange.
PCAS is a world leader in Pharmaceutical Fine Chemicals and Specialty Chemicals and offers world-class services for the development of processes and the production of substances with high added value using innovative technologies. These services can be deployed from kilo-lab level to multi-ton production to serve various industrial sectors such as pharmaceuticals, perfumes, cosmetics and fine industrial specialties (graphic arts, resins, performance additives).