15.07.2016
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DGAP-News: A.H.T Syngas Technology N.V.: Second Agreement for Japanes Roll-Out
DGAP-News: A.H.T Syngas Technology N.V. / Key word(s): Alliance
A.H.T Syngas Technology N.V.: Second Agreement for Japanes Roll-Out
15.07.2016 / 14:25
The issuer is solely responsible for the content of this announcement.
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A.H.T. Syngas Technology N.V. has signed a Memorandum of Understanding
(MoU) to cooperate with Showa Shell Sekiyu K.K., a Japanese Royal Dutch
Shell group company, on the study of the development of the Japanese market
for advanced gasification technology projects.
Our operating partner in the MoU study is KCE - Kesennuma Regional Energy
Development Co. Ltd. A.H.T. Syngas Technology N.V. is a turnkey contractor
for KCE, which owns and operates a AHT gasification plant successfully in
the city of Kesennuma on the northern shoreline of the main island Honshu.
AHT, as the German partner in the MoU study, is intended to deliver modern
gasification plants based on the proven twin fire technology within a
medium size class ranging from 200 Kilowatt to 10 Megawatt. Showa Shell
under this MoU is studying how the market demand for electric and thermal
energy can be viably served, based on renewable feedstock which is
available decentralized and locally, avoiding central nuclear and fossil
sources. The results of the MOU study by AHT, Showa Shell Sekiyu, and KCE
are expected in August 2016.
"We are enthusiastic about the opportunities for our company in this
region. Japan is an ideal market for a larger scale rollout of our
technology. We are taking advantage of the high cost efficiency Japanese
clients can generate with partners out of the Eurozone." Explains Gero
Ferges, CEO of AHT Syngas N.V.
The MoU was signed 06. July 2016 in Tokyo.
Showa Shell Sekiyu is listed in Germany at all major stock exchanges under
WKN: 858088 / ISIN: JP3366800005; http://www.showa-shell.co.jp/english/
profile/overview.html
A.H.T. Syngas Technology is listed in Frankfurt and Hamburg under WKN:
A12AGY / ISIN: NL0010872388; www.aht-syngas.com
Corporate News on AHT homepage 17 March 2016:
During this memorable Friday, another A.H.T.'s gas and power generation
plant experienced its official grand opening in Kesennuma, a town located
at the North Pacific shoreline in the Northern part of Japan's main island,
Honshu. With a capacity of 800 kWel, the plant utilises wood remains from
the surrounding forestry and is able to support 1,500 households with
electricity and two hotels with heat. The plant already proved its
performance of so far 8,000 hours in operation.
After the Tsunami hit Japans Pacific shoreline in 2011, Mr Takahashi, owner
and operator of the plant, followed his goal towards a decentralised and
independent sustainable power supply for his home town - which now became
reality. As member of the local reconstruction committee, he initiated
Japan's only functioning biomass-to-energy plant of that size based on the
efficient and proven A.H.T. twin-fire technology. Not only the
environmentally friendly power generation, but also the diversification of
the local economy contributes to the success and the opportunities deriving
from sustainable power and heat generation: Kesennuma's economy bases
largely on fishery that declined during the 2011 event and now experiences
a growth by the activities of a sustainable forest management and logistics
to supply the plant with the required input material.
The event was attended by the mayor of Kesennuma, alongside with members of
the prefecture's local government and major companies active in the fields
of sustainable power generation.
"This gas, heat and power generating plant serves as a role model for the
region - not only demonstrating A.H.T.'s competence in clean gas and power
generation solutions but also shows the economic and social implications,
decentralised power generation bears", stated Mr Gero Ferges, CEO of A.H.T.
Syngas N.V. and Mr Takahashi.
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15.07.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: A.H.T Syngas Technology N.V.
Diepenbroich 15
51491 Overath
Germany
Phone: +49 (0)2206 / 9519010
Fax: +49 (0)2206 / 9519011
E-mail: [email protected]
Internet: www.aht-syngas.com
ISIN: NL0010872388
WKN: A12AGY
Listed: Regulated Unofficial Market in Hamburg; Open Market (Entry
Standard) in Frankfurt
End of News DGAP News Service
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