ZNO 12.9% 2.7¢ zoono group limited

Interesting article about Hand sanitizers in NZ from newsroom.com.nz

  1. 93 Posts.
    lightbulb Created with Sketch. 65
    https://www.newsroom.co.nz/2020/03/19/1090958/hand-sanitiser-production-blocked-by-safety-rules

    Hand sanitiser manufacturers are calling on the Government to temporarily relax a 2017 dangerous goods rule they say is stopping them meeting the huge Covid-19-induced demand.

    The 2017 rule change reduced the amount of sanitiser a manufacturer could produce in one batch from 1000 litres to 30 litres, says Garth Wyllie, executive officer for advocacy at the Employers and Manufacturers Association and also head of the industry body representing hand sanitiser producers, Cosmetics New Zealand.

    The reason for the change, he says, is that a lot of highly flammable ethanol goes into hand sanitiser, and the two regulatory bodies, the Environmental Protection Agency and WorkSafe, ruled smaller batch sizes were safer.That was then. But times have changed, Wylie says.Soaring demand from people trying to protect themselves from Covid-19 has seen orders balloon out to 600,000 bottles.

    But New Zealand’s six sanitiser manufacturers can produce only 4000-8000 bottles a day with the present batch sizes. That’s led to empty shelves and a waiting time of up to 12 weeks for customers desperate for hand sanitiser. “Manufacturers still have the capacity to make 1000-litre batches, but they can’t do it legally,” Wylie says.“With a temporary exemption, and close monitoring by the regulators, we could supply these orders in one week and not 10-12.

    ”Wylie says he has raised the issue with the EPA and with WorkSafe but hasn’t had a reply.“We need to get a lot into the market, and quickly,” he says. “We can do it if we get a temporary exemption.”Newsroom approached WorkSafe, which sent a statement:"We believe the EMA may be confused. We are going to contact the EMA but in the meantime we will work to ensure production can go ahead as Mr Wylie suggest."

 
watchlist Created with Sketch. Add ZNO (ASX) to my watchlist
(20min delay)
Last
2.7¢
Change
-0.004(12.9%)
Mkt cap ! $5.771M
Open High Low Value Volume
3.1¢ 3.1¢ 2.7¢ $8.434K 292.6K

Buyers (Bids)

No. Vol. Price($)
3 437298 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 100000 1
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
2.9¢
  Change
-0.004 ( 6.45 %)
Open High Low Volume
3.1¢ 3.1¢ 2.9¢ 85245
Last updated 11.35am 06/05/2024 ?
ZNO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.