Pardubice, 17 December 2012 – The Paramo company has been participating in a broad research project focused on technologies for the handling of radioactive waste, which has been funded by the Czech government and ČEZ. "As a result of our research in the first phase of the project, we now have available a more stable bitumen matrix – Paramex 80. This new material permits a partial suppression of the aging process of the bonding agent in critical bituminization applications at our nuclear power plants, improving process efficiency and ultimately reducing the volume of nuclear waste to be stored," explained Jiří Plitz, Director of the Fuels and Bitumen Department at Paramo.

Paramo researchers will continue to participate in additional phases of the project planned for 2013.

PARAMO, a.s., is a producer of asphalt products, lubricating and process oils, incl. subsequent and ancillary products. History of the company started in 1889. Today, Paramo is part of Unipetrol, a leading Czech group doing business in the field of petroleum processing and petrochemical production, which in turn belongs to the family of the supranational group PKN Orlen. Paramo is a 100% owner of Mogul Slovakia, a limited liability company which is engaged in the purchase and sale of oils and lubricants. The company employs 600 people.

Contact:
Jana Iovlevová
Public Relations Officer
PARAMO, a. s.
Mobile phone: 736 507 439
E-mail: iovlevova@paramo.cz​