Eqtec upbeat after positive report on its syngas technology
Eqtec (CDI)
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16:55 04/11/24
Hydrogen and biofuel energy specialist Eqtec announced on Monday that the Université de Lorraine (UoL) has released a report verifying that its advanced gasification technology successfully converts contaminated plastic waste into synthesis gas (syngas) “cleanly, stably and efficiently”.
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The AIM-traded firm said the report was compiled by UoL following a series of successful tests on contaminated plastics undertaken in December at Eqtec’s facility in France.
It said that it had worked with the Energy from Biomass and Wastes (ERBE) team, part of the Laboratoire d'Etudes et de Recherche sur le Matériau Bois (LERMAB) at UoL in Nancy, France for a decade, to pursue the research and development of syngas production based on its advanced gasification technology.
The partnership supported both parties' understanding of a greater range of biomass and waste feedstocks and a greater range of syngas applications, including generation of electricity and heat and production of synthetic methane and hydrogen.
“These successful results reaffirm the precision of our proprietary computational model and its ability to accurately predict the syngas composition of a new and interesting feedstock,” said chief technology officer Dr Yoel Alemán.
“Unrecyclable plastic waste is a challenging global problem, and its clean disposal is supported by only a small number of prospective solutions.
“Not only are we excited to cleanly and efficiently convert this difficult feedstock into energy and biofuels, but we believe our delivery of scalable solutions for that purpose will enjoy strong commercial demand, backed by government support.”
At 1407 BST, shares in Eqtec were up 2.21% at 0.74p.
Reporting by Josh White at Sharecast.com.