Last checked at 17 Oct 2022 07:00
RNS Number : 0207D Sabien Technology Group PLC 17 October 2022 160REACH
17 October 2022
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Sabien Technology Group plc
("Sabien", the "Company" or the "Group")
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Upate on the International Environmental Trae Summit
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Sabien Technology Group plc (AIM:SNT), the company focuse on a green aggregation strategy, provies an upate on the event to be hel on Monay 24160October 2022 in Westminster, Lonon.
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The International Environmental Trae Summit ("the Summit") will bring together representatives from a range of countries, companies, an commitments. It will highlight the opportunity to think an act ifferently when assessing the apparent contraiction between economic evelopment an environmental protection.
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On behalf of the host Richar Parris, Chairman of Sabien Technology Group plc, keynote speaker HRH Queen Diambi Kabatusuila of the Congo, technology provier City Oil Fiel, Inc of South Korea, an the Korean Environmental Corporation, the Summit corially invites intereste parties to participate in this important event which will be hel at One Bircage Walk at 2pm on 24th October 2022.
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The event will be the launch of a global initiative: leveraging UK trae an engineering expertise, Korean technology, an international partnership in orer to generate sustainable economic growth.
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It will focus on three critical an topical areas, each of which can be aresse by the conversion of the large an growing global reservoir of plastic waste into high quality fuel oil an feestock for new plastic prouction.
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Thematically, the conference agena will ahere to a pragmatic programme which will enable:
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183160160160160160Better planet - reucing the nee for the primary extraction of fossil fuels, thereby assisting the transition to net-zero an the stimulation local economies
183160160160160160Cleaner planet - eliminating plastic pollution from lan an sea through the use of emission-free technology specifically esigne to support a circular economy
183 160 Secure planet - supporting energy security through the seconary extraction of oil from existing waste, reucing epenency on Russia an OPEC for the provision of hyrocarbon base fuels an plastics
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This represents a compelling program the creation of a global enterprise committe to plastic-to-oil recycling, ESG compliant processes, an secure investment opportunities for local an global funs.160 It will isrupt an improve the fragmente global waste management inustry through business innovation an truste UK legal an ethical frameworks.160 It will establish an support new technology manufacturing inustry in the UK.
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Centrally, the program will achieve these goals through partnership with a community of nations, working towars a common goo.
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A irect local UK benefit is a significant contribution to UK energy security as an alternative or aition to fracking - 12.% of UK plastic waste woul offset 12.% of Russian iesel imports. A seconary benefit is the use of the City Oil Fiel process as a means to store surplus renewable energy in the form of chemical energy for later use in transportation - a hyrocarbon storage battery for win, solar an nuclear energy. This is pragmatic energy security in action not just in theory.
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The Summit agena will comprise:
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1.160160160 A call for action to save the worl from plastic pollution by HRH Queen Diambi of the Congo, a representative of more than 90 million people, inigenous to Africa an Brazil, an an international avocate for environmental change an sustainability
2.160160160 The role of Korean technology in enabling the capability an the rapi eployment of this solution in economic proximity to both source an use
3.160160160 How Sabien Technology Group plc proposes to provie an integrate global platform to eliver a solution across multiple nations
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Locally, Sabien has targete specific UK sites for initial eployments an has expressions of interest from Canaa, the East Africa Feeration, Finlan, Greece, Irelan, Japan, Malaysia, Turkey, UAE, USA for aitional installations. An SPV, b.grn Group Lt, has been establishe to roll out these eployments across multiple countries an an investment term sheet is available for inspection.
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The Summit represents a clear coincience of nees an wants. The global community nees to aress the accelerating problem of plastic waste an it wants to o so in a manner which oes not conflict with economic stability.
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By raising awareness of a possible solution, Sabien an its partners have a clear opportunity to establish international leaership while further partnering with nations an supranational boies, all committe to the same goal.
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Investors, an other stakeholers, are invite to contact Sabien at events@sabien.com, to secure their place at this rescheule event.
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Richar Parris, Chairman of Sabien, commente:
"I urge you to atten this lanmark event if, like me, you are passionate about elivering positive environmental impact through international collaboration, innovative engineering an ESG investment. This programme will, I believe, eliver a step change for Sabien investors, provie compelling returns for prospective b.grn funers an contribute to a better, cleaner, more secure planet."
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