Business
Two MOUs signed with potential long-term customers
Two MOUs signed with potential long-term customers.
About this update from Atome Plc
[{"type":"text","content":"\n \n \n \n 8 September 2022\n \n \n \n \n \n \n \n \n \n ATOME ENERGY PLC\n \n \n \n (\"ATOME\", the \"Company\", or the \"Group\")\n \n \n \n \n \n \n \n \n Paraguay progress with two MOUs signed with potential long-term customers\n \n \n \n \n \n \n ATOME Energy (AIM: ATOM), the only pure international green hydrogen and ammonia production company on the London Stock Exchange with current large-scale industrial projects as well as hydrogen mobility projects in South America and Europe announces the entry into two significant Memoranda of Understanding in Paraguay. The MOUs are timed to coincide with the Invest in Paraguay conference currently being held by the Government of Paraguay in association with the Inter-American Development Bank and at which ATOME's Chair, Peter Levine, is speaking.\n \n \n \n \n \n \n National Civil Aviation Authority of Paraguay (\"DINAC\")\n \n \n \n The Company was approached by the National Civil Aviation Authority of Paraguay which owns and manages Paraguay's airports and the National University of Asunción (\"UNA\") with regard to the potential use of sustainable aviation fuels such as hydrogen and its green fuel derivatives to assist in moving towards the decarbonisation of both groundside and airside operations in Paraguay\n \n \n \n \n \n A Memorandum of Understanding has now been signed between ATOME and DINAC and UNA under which the parties have agreed to work together with a view to identifying the potential for use of the Company's products in the airports of Paraguay as well as co-operation on research projects and educational events promoting the benefits of the green fuels produced by the Company.\n \n \n \n \n \n With aviation being one of the fastest growing sources of emissions globally, a number of countries are now mandating the increased use of sustainable jet fuels from 2030. The International Civil Aviation Organisation has stated that hydrogen will be one of the important components in the toolkit of aviation in moving towards a cleaner, low-carbon future.\n \n \n \n \n \n \n The Paraguay River and Maritime Shipowners Centre (\"CAFYM\")\n \n \n \n ATOME and the River and Maritime Shipowners Centre, the Association of Paraguay barge owners and operators, have entered into a Memorandum of Understanding (MOU) under which the parties wil...