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PowerHouse Energy Group

DMG® ready to solve exported plastic waste crisis

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RNS Number : 7483B
Powerhouse Energy Group PLC
11 June 2019
 

11 June 2019

 

PowerHouse Energy Group plc

("PowerHouse Energy" or the "Company")

 

DMG® technology ready to solve exported plastic waste crisis

 

PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen and clean energy production from waste plastic, is pleased to respond to the first part of BBC1's documentary 'War on Plastic with Hugh and Anita' aired last night by bringing attention to PHE's DMG® technology which can convert plastic waste into hydrogen and clean electricity and so eradicate any need for such waste to be shipped from the UK to Malaysia, or anywhere else.

 

A compelling example of how this  technology will use plastic that may otherwise end up in Malaysia would be to locate a DMG® plant on a UK waste management site and on the same site locate a hydrogen fuelling station to power supergreen hydrogen powered local buses servicing the local community. In particular, this would provide an immediate solution for those councils which have found, to their embarrassment, their recyclable plastics ending up on a rubbish tip in Malaysia as demonstrated in the programme or elsewhere. 

 

Furthermore, DMG® technology can be utilised to directly benefit communities where the exported plastic waste could be used to generate electricity for areas which currently have no or very limited access to the electricity grid. A local plant using just 25 tonnes of plastic waste would create circa 58 MWh of electrical power per day, enough to provide for communities of several  thousand  people in the developing areas of the world including Malaysia.

 

PowerHouse Energy's Chief Executive Officer, David Ryan, commented:

 

"We relish the opportunity to show just what can be achieed with our DMG® energy recovery process to address the plastic waste crisis. It is the responsible thing to do alongside other commendable  initiatives being deployed.

 

"The scope of our DMG® technology is truly global and with the support we are seeking from  govermenments and commercial partners across the world it is ideally placed to make a significant impact in helping win the war on plastic."

 

ENDS

 

 

For more information, contact:

 

PowerHouse Energy Group plc                               Tel: +44 (0) 203 368 6399

David Ryan, Chief Executive Officer

 

WH Ireland Limited (Nominated Adviser)            Tel: +44 (0) 207 220 1666

James Joyce / Chris Savidge

 

Turner Pope Investments Ltd (Joint Broker)        Tel: +44 (0) 203 621 4120

Ben Turner / James Pope

 

Ikon Associates (Media enquiries)                         Tel:    +44 (0) 1483 271291

Adrian Shaw                                                                Mob: +44 (0) 7979 900733

 

 

Notes for editors:

 

 

About PowerHouse Energy and DMG technology

 

PowerHouse Energy has developed a proprietary process technology - DMG® - which can utilise waste plastic, end-of-life-tyres, and other waste streams to efficiently and economically convert them into syngas from which valuable products such as chemical precursors, hydrogen, electricity and other industrial products may be derived. The PowerHouse technology is one of the world's first proven, modular, hydrogen from waste (HfW) process.

 

The PowerHouse DMG® process can generate in excess of 1 tonne of road-fuel quality H2, and more than 58 MWh of exportable electricity per day.

 

The PowerHouse process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level.

 

PowerHouse is quoted on the London Stock Exchange's AIM Market under the ticker: PHE, and is incorporated in the United Kingdom.

 

For more information see www.powerhouseenergy.net

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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