Business
Business Strategy Update
Business Strategy Update.
About this update from Forgent Plc
[{"type":"text","content":"\n \nRNS Number : 1466Z EQTEC PLC 15 May 2019 \n\n15 May 2019\n \nEQTEC plc\n(\"EQTEC\" or the \"Company\")\n \nBusiness Strategy Update\n \nEQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, is pleased to provide an update on its business strategy.\n \nEQTEC remains focused on becoming a progressive technology partner creating a unique ecosystem, where waste operators, developers, technologists, engineering, procurement and construction (\"EPC\") contractors and capital providers collaborate to build sustainable waste elimination and clean energy infrastructure projects.\n \nThrough viewing the market as a collaborative ecosystem and leveraging its in-house gasification technology capabilities, sector know-how and strategic relationships, EQTEC is seeking to mitigate technology and project execution risk to become the one-stop-shop for gasification technology, engineering design, EPC, O&M and project funding to developers and owners of waste to energy ventures.\n \nEQTEC has already entered into a number of key strategic partnerships with leading partners as it seeks to address its target markets, with further strategic collaborations being considered. The Board of the Company (\"Board\") believes that this collaborative approach is already bringing new opportunities to the Company and will enable the Company to deliver projects on an expedited basis. This approach has also enabled the Company to have greater visibility and control over the project pipeline.\n \nEQTEC's engagement with strategic partners and customers, both existing and new, has driven the Company to concentrate on successful applications in specific target markets where the Board believes that as a result of EQTEC's experience and successful commercial implementation, it has a competitive advantage. While the focus is on opportunities within the UK, US and European market, EQTEC engages with customers globally through strategic alliances. \n \nIan Price, CEO of EQTEC, commented: \"We feel very positive about the current position of EQTEC and its ability to execute its strategy. The Board believes that working with a select group of strategic partners, with track record and success in their markets, will enable us to create and coordinate the ...