Vow ASA: Order intake confirms growing demand for renewable energy solutions for heat treatment solutions
30 Settembre 2024 - 2:07PM
UK Regulatory
Vow ASA: Order intake confirms growing demand for renewable energy
solutions for heat treatment solutions
Oslo,
30 September 2024: Vow ASA
(OSE: VOW) subsidiary C.H. Evensen Industriovner (C.H. Evensen)
continues to gain ground in a growing market for electrification of
heat treatment processes. Of seven significant contracts awarded
since summer, six are for industrial customers in Europe and one in
the US.
The most recent contract for a customer in Belgium is valued at
NOK 12 million. The total value of the seven contracts amounts to
NOK 35 million. Other European countries served include Greece,
Germany, Romania, Norway and Sweden.
“We continue to see strong and increasing demand for our
solutions as companies in various heat-intensive industries are
transitioning from fossil to renewable fuels. In the corresponding
period last year, our order intake was around NOK 20 million, and
bidding activity remains high,” said Henrik Wulff, managing
director of C.H. Evensen.
C.H. Evensen is part of Vow’s Industrial solutions segment.
For more information, please contact:
Henrik Badin, CEO, Vow ASA
Tel: + 47 90 78 98 25
Email: henrik.badin@vowasa.com
Tina Tønnessen, CFO, Vow ASA
Tel: +47 406 39 556
Email: tina.tonnessen@vowasa.com
About Vow
Vow and its subsidiaries Scanship, C.H. Evensen and Etia are
passionate about preventing pollution. The company’s world leading
solutions convert biomass and waste into valuable resources and
generate clean energy for a wide range of industries.
Advanced technologies and solutions from Vow enable industry
decarbonisation and material recycling. Biomass, sewage sludge,
plastic waste and end-of-life tyres can be converted into clean
energy, low carbon fuels and renewable carbon that replace natural
gas, petroleum products and fossil carbon. The solutions are
scalable, standardised, patented, and thoroughly documented, and
the company’s capability to deliver is well proven.
The company is a cruise market leader in wastewater purification
and valorisation of waste. It also has strong niche positions in
food safety and in heat-intensive industries with a strong
decarbonising agenda.
Located in Oslo, the parent company Vow ASA is listed on the
Oslo Stock Exchange (ticker VOW).
Grafico Azioni Vow ASA (TG:213)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Vow ASA (TG:213)
Storico
Da Dic 2023 a Dic 2024
