EQTEC PLC (AIM:EQT)'s David Palumbo, EQTEC chief executive joins Proactive London after entering into a collaboration with French company SEPS SAS to develop contaminated waste treatment plants.
It comes after a letter of intent was signed between EQTEC and SEPS in December and follows a series of successful tests on contaminated plastics.
The new French subsidiary has been set up amidst a growing pipeline of opportunities in the country supported by highly active and accelerating interest in cleantech from the French national, regional and local governments and from potential lenders and development partners in France.