RE: How much is our tech worth ?12 Jul 2019 18:00
Billingham has planning and with Cobra running the show could be sooner than we think!
Ian Fraser, Director of Scott Bros, said: "We are delighted to have entered into this agreement with the highly experienced EQTEC team, alongside a world class EPC group such as Cobra.
"We have been working closely with local government and stakeholders to advance the project, which has included securing the planning for the project. This type of infrastructure development will bring significant benefits and investment in the local community and we are very happy to play a part in it."
Ian Price, chief executive of EQTEC, added: "We are extremely happy to have executed the MOU, representing our first deal with COBRA, our major strategic partner.
"This has the potential to be a flagship project of significant scale, with the intention to process at least 200,000 metric tons per annum of RDF, with an estimated project value in the range of £150m to £180m."