RE: RNS22 Jan 2020 15:24
David Palumbo, CEO of EQTEC, commented:
"We are delighted to develop further the relationship with one of our key strategic clients. Movialsa is a leader in their agri-industry sector with extensive experience in co-generation energy infrastructure, with a plant using EQTEC's Gasifier Technology that showcases over 111,000 hours of operation since 2011. Importantly, we have been able to monetise assets whilst assisting a key client with its equipment maintenance requirements. We remain convinced of the opportunity that exists for the Group through the elimination of olive pomace waste in Spain and the Greater Mediterranean area. Our intention is to develop this market through strategic partnerships in the relevant geographies."