Operation global................11 Jan 2021 12:35
International Sales
The international business development activities will focus on developing regional and territory-by-territory
partnership agreements to roll out DMG technology. Powerhouse will continue these international business
development activities by marketing DMG to potential industrial partners, by building relationships, reviewing
project opportunities and signing exclusive marketing agreements.
Strong interest has been expressed in DMG development partnerships internationally.
In Europe commercial feasibility assessments are being undertaken for the Iberian peninsula and project specific
studies are underway in Greece.
In Australia the Company has a target project pipeline and Oceania Engineering Services are targeting the
initiation of engineering studies for the first Australian project.
In Thailand where considerable prior work has been carried out, Powerhouse proposes to negotiate a new
marketing agreement with a local entity paying for exclusivity of delivery in Thailand and focused on rolling out
DMG technology in that country.
In Japan a series of potential partner Memorandums of Understanding have been developed and specific
technical due diligence undertaken, with Toyota Tsusho and Itochu completing their exploratory due diligence
in 2020. However potential Japanese partners have indicated that investment decisions will only be made
subsequent to the commissioning of the first operational plant.
Noting this, the Company has focused through 2019 on the delivery of the first operational project. Wider
business development activities will be initiated through second half of 2020 to secure partners for developments
internationally and enable rapid roll out to meet the expected demand.
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