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Share Price: 1.85

Bid: 1.80

Ask: 1.90

Change: 0.00 (0.00%)

Spread: 0.10 (5.556%)

Open: 1.85

High: 1.85

Low: 1.85

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IN BRIEF: EQTEC inks agreement with Toyota for waste-to-energy project

Thu, 11th Mar 2021 12:07

EQTEC PLC - Cork, Ireland-based gasification technology company for sustainable waste-to-energy project - Subsidiary Logik WTE Ltd signs collaboration framework agreement with Toyota Motor Manufacturing UK Ltd. Notes the three-year agreement will see both parties exploring a sustainable waste-to-energy solution for Toyota's engine manufacturing plant at its Deeside refuse derived fuel project in Flintshire, Wales. Says EQTEC will act as the land developer and technology provider for the plant, and if adopted, its waste-to-energy solution could reduce the Toyota site's carbon footprint.

"Toyota has always been a leader in innovation and we are delighted to support and work with them on a localised sustainable waste-to-energy solution. This partnership further demonstrates the capabilities and applications of EQTEC's advanced gasification solutions and enhances our already strong pipeline of projects in development," says Chief Executive David Palumbo.

Current stock price: 1.95 pence, up 22% on Thursday

Year-to-date change: down 25%

By Zoe Wickens; zoewickens@alliancenews.com

More News

1 Mar 2023 19:16

Eqtec fails to finalise terms to move Deeside project forward

(Alliance News) - Eqtec PLC on Wednesday said it is continuing to discuss constructive options with its partners to move forward on the Deeside waste-to-gas/fuel project.

1 Mar 2023 10:45

AIM WINNERS & LOSERS: Eqtec says conditions not met for agreement

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

6 Feb 2023 14:30

IN BRIEF: Eqtec expects annual revenue in line with revised guidance

Eqtec PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Expects 2022 revenue to be in line with guidance. In December, Eqtec revised its full-year guidance to EUR5 million to EUR7 million. It also forecasted a loss before interest, tax, depreciation and amortisation in the range of EUR4 million and EUR5 million. Expects the progress unlocked in the second half of 2022 to "bear fruit" this year. For 2021, revenue was EUR9.2 million and pretax loss was EUR4.7 million.

23 Dec 2022 17:05

TRADING UPDATES: Logistics Development buys Alliance Pharma shares

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and Thursday and not separately reported by Alliance News:

22 Dec 2022 13:57

Eqtec reports progress at Italia MDC project

(Sharecast News) - Energy infrastructure technology developer Eqtec announced mechanical and electrical completion at its Italia Market Development Centre (Italia MDC) near Castiglione d'Orcia in Tuscany on Thursday.

20 Dec 2022 21:39

TRADING UPDATES: Serica Energy to buy Tailwind Energy

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

9 Dec 2022 19:51

TRADING UPDATES: FBD loses CFO; Eqtec wins GBP 2 million loan facility

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

9 Dec 2022 13:17

Eqtec enters loan facility with its biggest shareholder

(Sharecast News) - Energy technology developer Eqtec has entered into a loan facility with its largest shareholder Altair Group, it announced on Friday.

1 Dec 2022 16:18

Eqtec cuts revenue outlook after Deeside sale falls through

(Alliance News) - Eqtec PLC on Thursday said it has lowered its revenue forecast for the whole of 2022 as it failed to formalise a key sale contract.

22 Nov 2022 11:23

AIM WINNERS & LOSERS: Altitude to reach record heights; CPH2 has delay

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

31 Oct 2022 16:56

Eqtec upbeat on recent gasification tests in France

(Sharecast News) - Waste-to-energy technology specialist Eqtec announced the successful completion of steam-oxygen gasification tests that confirmed the suitability of its synthesis gas (syngas) technology for advanced biofuels production on Monday.

12 Oct 2022 18:13

TRADING UPDATES: Distribution Finance lending up; Thruvision strong

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

7 Oct 2022 12:37

Eqtec transfers GBP100,000 MetalNRG shares as guarantor of loan

(Alliance News) - MetalNRG PLC on Friday said that Eqtec PLC transferred shares in the company to Global Investment Strategy UK Ltd as guarantor in a loan agreement.

7 Oct 2022 11:40

Eqtec transfers MNRG shares under guarantor agreement

(Sharecast News) - Waste-to-energy technology company Eqtec has acted as guarantor for a convertible loan note entered into by MNRG on 2 February with Global Investment Strategy UK (GIS), it announced on Friday.

6 Oct 2022 20:10

TRADING UPDATES: ImmuPharma loss narrows; MetalNRG loss widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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IN BRIEF: EQTEC inks agreement with Toyota for waste-to-energy project

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