Business
Progress Update on Operations at Lumberton
Progress Update on Operations at Lumberton.
About this update from Active Energy Group Plc
[{"type":"text","content":"\n \nRNS Number : 0065B Active Energy Group PLC 04 June 2019 \n\nActive Energy Group Plc / EPIC: AEG / Sector: Alternative Energy\n4th June 2019\nActive Energy Group Plc ('Active Energy', 'AEG' or the 'Company')\nProgress Update on Biomass Fuel Operations at Lumberton Site in the U.S.\n \nActive Energy, the London quoted renewable energy and forestry management company focussed on biomass, is pleased to announce a progress update regarding the next stage of development at its industrial site in Lumberton, Robeson County, North Carolina ('Lumberton' or 'the Project'). Lumberton is being developed to be the Company's first permanent production facility for CoalSwitch™, its proprietary technology that transforms low-cost biomass material into high-value green fuels, and serve as the primary base for all its biomass fuel operations in the U.S. \n \nHighlights\n· Rapid progress advancing construction of new CoalSwitch™ operation at Lumberton, U.S.\no Reactors and all ancillary equipment scheduled to commence arriving in Lumberton later this week after being removed from the Utah site\no Construction of the 5 tonne per hour plant to commence with engineering crews arriving within the month\no Ancillary construction activities to commence to build weighbridges and other infrastructure items for the handling of biomass and CoalSwitch™\n· Test reactor operational - testing programme for prospective clients underway with the first results already being completed\n· Five-year contract signed for the supply of up to 800,000 tonnes per annum of feedstock to Lumberton\n \nTo view this announcement will illustrative images, please use the following link: \nhttp://www.rns-pdf.londonstockexchange.com/rns/0065B_1-2019-6-3.pdf\n \nMichael Rowan, Active Energy Chief Executive said, \"We are delighted to have entered into the final stages of transporting and installing all the removed equipment from the Utah Site to the Lumberton Site, which will soon be operational. The Company is now making significant commercial progress and, with the first goal of a new long-term feedstock contract signed, we are excited about moving toward production at Lumberton. Having already re-constructed the test plant for biomass testing, our focus is n...