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VOW ASA: New pyrolysis unit focused on plastics recycling for Unipetrol Group

VOW ASA: New pyrolysis unit focused on plastics recycling for Unipetrol Group

March 9th, 2020

Through its subsidiary ETIA, Vow ASA has been awarded a contract with Unipetrol. We are proud to deliver our patented Biogreen process for plastic waste valorization technology to Unipetrol Group on their R&D project to develop the application plastic waste to liquid fuel.

Full story here Unipetrol press release - New pyrolytic unit

“This award shows our strong technology portfolio becoming relevant for the oil refinery and petrochemical industries as they are focusing towards plastic waste recycling. It really aligns with our forward strategy to expand Vow into new verticals for growth”; says Vow ASA CEO Henrik Badin in a statement.

For further information, please contact Henrik Badin – CEO Vow ASA Tel: +47 90 78 98 25 Email: henrik.badin@vowasa.com

About Vow ASA In Vow and our subsidiaries Scanship and Etia we are passionate about preventing pollution. Our world leading solutions convert biomass and waste into valuable resources and generate clean energy for a wide range of industries.

Cruise ships on every ocean have Vow technology inside which processes waste and purifies wastewater. Fish farmers are adopting similar solutions, and public utilities and industries use our solutions for sludge processing, waste management and biogas production on land.

Our ambitions go further than this. With our advanced technologies and solutions, we turn waste into biogenetic fuels to help decarbonize industry and convert plastic waste into fuel, clean energy and high-value pyro carbon.

Our solutions are scalable, standardized, patented and thoroughly documented, and our capability to deliver is well proven. They are key to end waste and stop pollution.

Located in Oslo, the parent company Vow ASA is listed on the Oslo Stock Exchange (ticker SSHIP, VOW from 13 January 2020). In 2018 the Vow group had annual revenues of NOK 430 million and 120 employees in Norway, France, Poland and the US.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Business inquiries

Henrik Badin

Chief Executive Officer (CEO)

+47 90 78 98 25

henrik.badin@vowasa.com
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