Earnings Release • Nov 15, 2023
Earnings Release
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Quantafuel ASA | Third quarter results 2023
- The Skive plant continues testing of key design solutions in parallel with commercial production
- ReSource, Denmark’s largest plastic sorting facility, is on track to start commissioning in Q4
- Quantafuel’s loan agreement with Viridor secures financial stability
- Amendments to the loan agreement gives the company flexibility to repay the loan, either in part
or full, by issuing new shares
During this quarter, the integration and collaboration with our majority shareholder, Viridor, has
continued. Together we are aligning our strengths and visions and laying the groundwork for a
combination of expertise that makes progress in chemical and mechanical recycling of plastics.
For further queries, please contact:
Terje U. Eiken, CEO +47 93018040 [email protected]
Jens Petter Broby, CFO + 47 91543203 [email protected]
About Quantafuel | https://quantafuel.com
Quantafuel is a technology-based energy company converting waste plastics back into low-carbon synthetic oil products replacing virgin oil products. Quantafuel is establishing, operating and owning dedicated plastic-to-liquid (PtL) plants and plans to establish several plants throughout Europe and beyond.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation, and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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