Business
Pond Technologies Collaborates with Malone Group on International Project Development
Malone Group to Provide Full-Service Support to Pond Projects MARKHAM, ON / ACCESSWIRE /...
About this update from Pond Technologies Holdings Inc.
[{"type":"text","content":"Pond Technologies Collaborates with Malone Group on International Project DevelopmentMalone Group to Provide Full-Service Support to Pond ProjectsMARKHAM, ON / ACCESSWIRE / November 1, 2021 / Pond Technologies Holdings Inc. (\"Pond\") (TSX.V:POND)(OTCQB:PNDHF)(FSE:4OO), an ESG company addressing global sustainability challenges of protein shortages and climate change, announces it has agreed to a non-exclusive collaboration arrangement with project delivery firm Malone Group. Headquartered in Ireland, with offices in the UK, Bulgaria and Canada, Malone Group works with leading brands internationally to manage and deliver high value, business critical projects. This arrangement was announced alongside Minister Robert Troy T.D., Minister of State with responsibility for Trade Promotion, Digital and Company Regulation during an Enterprise Ireland and IDA Ireland trade mission to Toronto.HighlightsPond and Malone Group have agreed to collaborate on a non-exclusive basis in pursuing projects internationally.Malone Group will promote and recommend Pond to potential ESG clients on a non-exclusive basis.Malone Group provides Pond access to process and safety engineering expertise as well as a wealth of experience in delivering projects in operational and regulated environments.Malone Group will enable Pond to continue to aggressively commercialize its algae-based growth platform across a myriad of sectors globally.Pond will promote and recommend Malone Group on a non-exclusive basis on future projects.A pioneering global partnership between Malone Group and Pond will provide Pond the added infrastructure to support the scaling up process through its ongoing commercialization efforts.CommentaryMalone Group CEO, Stephen Malone, said: \"Pond's proprietary technology can play an important part in making a myriad of industries more sustainable. We must reduce the amount of carbon entering the atmosphere if we are to leave behind a planet that future generations can inhabit. Malone Group embraces this collaboration as we believe strongly that combining our engineering and project management capabilities with Pond's carbon capture technology we can make a positive difference globally.\"President & CEO at Pond, Grant Smith, said: \"This collaboration with Malone comes at an extremely important time for Pond on the heels of the most signific...