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Pin to quick picksAFC Energy Regulatory News (AFC)

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Selection of Flow Plate Mass Manufacturer

19 Mar 2019 07:00

RNS Number : 2168T
AFC Energy Plc
19 March 2019
 

 

19 March 2019

 

AFC Energy PLC

 

("AFC Energy" or the "Company")

 

AFC Energy Selects Advanced Plastics as Preferred Tenderer for Fuel Cell Flow Plate Mass Manufacture

 

 

AFC Energy (AIM: AFC), the leading alkaline fuel cell power company, today announces the selection of UK based Advanced Plastics Ltd as Preferred Tenderer in the mass manufacture of flow plates for use within the Company's proprietary alkaline fuel cell system.

 

Following a global tender, Advanced Plastics Ltd presented a very strong technical proposal which demonstrated innovation in the mass manufacturing process at a price point which was most competitive amongst its peers.

 

Finalisation of the flow plate design, necessary to regulate the flow of gases and liquids within the AFC Energy fuel cell system, follows months of computational fluid dynamics modelling and validation testing at the Company's Surrey offices. The next step is to integrate the AFC Energy design work into a mass manufacturable product and to work with a partner to bring their own expertise and capability to the final flow plate deliverable.

 

Advanced Plastics provide a diverse range of technical injection moulded products for blue chip clients across a range of market sectors and are an ideal UK based partner to support AFC Energy's commercialisation efforts.

 

Adam Bond, Chief Executive Officer at AFC Energy, said "We are pleased to be working with a local partner in the mass manufacture of a key component of our fuel cell system. The innovation and expertise Advanced Plastics bring to the table have allowed us to further enhance our plate design making the process of mass manufacture all the more achievable in meeting our expected needs. We look forward to working with Advanced Plastics as a new key supplier to AFC Energy's fuel cell system."

 

Chris Pearson, Joint Managing Director and Shareholder of Advanced Plastics Ltd said "Since first meeting representatives of AFC Energy on our stand at Interplas in September 2017 we have applied our design, materials and manufacturing knowledge to progress from a solid concept to producing physical samples of a production feasible design. We are now delighted to be in the running for the next phase of the project which will see us utilise 2K injection moulding and linear vibration welding to produce this important element of the fuel cell system, taking us into an exciting new market sector." 

 

For further information, please contact:

AFC Energy plc

Adam Bond (Chief Executive Officer)

 

 

+44 (0) 20 3697 1209

Cantor Fitzgerald Europe Nominated Adviser and Joint Broker

David Foreman

Richard Salmond 

 

+44 (0) 20 7894 7000

M C Peat & Co LLP Joint Broker

Charlie Peat

 

+44 (0) 20 7104 2334

 

TUVA Partners - Public Relations

James Kennedy

 

 

+44 (0) 7809 495 759

 

 

About AFC Energy

 

AFC Energy plc is commercialising a scalable alkaline fuel cell system, to provide clean electricity for on and off grid applications. The technology, pioneered over the past ten years in the UK, is in the process of being deployed in industrial gas plants for grid generation, as an alternative to diesel generators for localised power, in energy storage systems and as the power source for local electricity needs.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NRADVLFFKXFXBBF
Date   Source Headline
27th Mar 20067:45 amRNSStatement re. Suspension
27th Mar 20067:45 amRNSSuspension - Advanced Fluid
21st Mar 20064:21 pmRNSNotifiable Interest
17th Mar 20062:24 pmRNSMarket Maker Holding
8th Mar 20065:25 pmRNSNotifiable Interest
6th Feb 20063:16 pmRNSNotifiable Interest
17th Jan 20064:15 pmRNSNotification of Interest
6th Jan 200611:43 amRNSDirectorate Change
6th Dec 200510:59 amRNSNotification of Interest
1st Dec 200511:06 amRNSHolding(s) in Company
29th Nov 200511:56 amRNSDirectors' Share Purchase
29th Nov 20057:00 amRNSDirectors' Share Purchase
24th Nov 200510:45 amRNSTrading Update
22nd Nov 20053:14 pmRNSNotification of Interest
27th Oct 200512:51 pmRNSHolding(s) in Company
12th Oct 20059:12 amRNSNotification of Interest
7th Oct 20055:06 pmRNSHolding(s) in Company
27th Sep 20051:00 pmRNSNotification of interest
18th Jul 20051:51 pmRNSNotification of Interest
8th Jul 20059:30 amRNSDirector/PDMR Shareholding
6th Jul 200512:59 pmRNSDirectors' Dealing
6th Jul 200512:57 pmRNSDirectors' Dealing
23rd Jun 200512:46 pmRNSDirectors Dealing
22nd Jun 20054:35 pmRNSDirectors Dealing
2nd Jun 20053:30 pmRNSChange of Name
26th May 20053:43 pmRNSResult of AGM
26th May 200512:30 pmRNSAGM Statement
20th Apr 200510:53 amRNSNotification of Interest
12th Apr 20053:32 pmRNSIssue of Equity
30th Mar 20057:00 amRNSDirectors' Dealing
24th Mar 200512:27 pmRNSDirectors' Dealing
22nd Mar 20057:01 amRNSFinal Results
21st Feb 200511:19 amRNSChange of Adviser
14th Feb 200511:08 amRNSHolding(s) in Company
27th Jan 200511:22 amRNSAdditional Listing
25th Jan 20055:17 pmRNSNotice of Results
25th Jan 20054:53 pmRNSNotice of Results
17th Jan 200510:42 amRNSHolding(s) in Company
17th Jan 20059:41 amRNSHolding(s) in Company
4th Jan 20052:09 pmRNSHolding(s) in Company

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