Scanship Holding ASA through its subsidiary ETIA SAS, has been awarded an equipment delivery contract by a major international corporation of consumer goods, who operates multiple production facilities worldwide. The contract is to deliver and install first ETIA Biogreen system in one of their more than 40 production facilities worldwide. The customer is targeting to increase its share of renewable energy used for the activities and the current point of interest for the company is in the substitution of natural gas used on site. As a solution for the challenge, the ETIA customer will use its available waste streams in Biogreen thermochemical conversion system delivered by ETIA, to generate biochar and syngas for generating steam, therefore decreasing the natural gas usage on site. The installation will be done during the fall of 2020.
The accumulated order backlog for the Scanship Group, including the order backlog for ETIA, is now at a NOK 770 mill level.
For further queries, please contact:
Henrik Badin - CEO
Scanship Holding ASA
Tel: +47 90 78 98 25
ABOUT SCANSHIP HOLDING ASA
In Scanship and our subsidiary ETIA we are passionate about preventing pollution. Our world leading solutions convert biomass and waste into valuable resources and generate clean energy for a wide range of industries.
Cruise ships on every ocean have Scanship technology inside which processes waste and purifies wastewater. Fish farmers are adopting similar solutions, and public utilities and industries use our solutions for sludge processing, waste management and biogas production on land.
Our ambitions go further than this. With our advanced technologies and solutions, we turn waste into biogenetic fuels to help decarbonize industry and convert plastic waste into fuel, clean energy and high-value pyro carbon.
Our solutions are scalable, standardized, patented and thoroughly documented, and our capability to deliver is well proven. They are key to end waste and stop pollution.
Located in Oslo, the parent company Scanship Holding ASA is listed on the Oslo Stock Exchange (ticker SSHIP). In 2018 the Scanship group and ETIA had combined annual revenues of NOK 430 million and 120 employees in Norway, France, Poland and the US.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.