Business
Statement re press comments
Statement re press comments.
About this update from Powerhouse Energy Group Plc
[{"type":"text","content":"\n \nPowerHouse Energy Group plc\n\n(\"PowerHouse\" or the \"Company\")\n\nStatement regarding press comments\n\nThe Company notes an article in the weekend press that it is working with Toyota for the use of a Powerhouse DMG® system.\n\nThe Company advises that it is in discussions with a number of potential industrial customers regarding the use of its technology including Toyota but no agreements have been entered into and there can be no certainty any agreements will be reached.\n\nFor more information, contact:\n\nPowerHouse Energy Group plc Tel: +44 (0) 203 368 6399Keith Allaun, Executive Chairman\n\nWH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220 1666James Joyce / James Bavister\n\nTurner Pope Investments Ltd (Joint Broker) Tel: +44 (0) 203 621 4120Ben Turner / James Pope\n\nIkon Associates(Media enquiries) Tel: +44 (0) 1483 271291Adrian Shaw Mob: +44 (0) 7979 900733\n\nAbout PowerHouse Energy\n\nPowerHouse Energy has developed a proprietary process technology called DMG® which can use waste plastic end-of-life-tyres and other waste streams to convert them into cost efficient energy in the form of electricity and ultra clean hydrogen gas fuel for use in cars and commercial vehicles (FCEV: Fuel Cell Electric Vehicles) and other industrial uses. The PowerHouse technology is the world’s first proven, modular hydrogen from waste (HfW) process.\n\nThe PowerHouse DMG® process can convert 25 tonnes of waste plastic into 1 tonne H2 per day and 28 MWh per day of electricity.\n\nThe PHE process produces low levels of safe residues and ...