Invitation to presentation of Permascand’s Q2 2023 interim report

Permascand will publish its Q2 2023 interim report on 16 August 2023 at 07:45 CEST. In connection with this, Permascand invites investors, analysts and media to a conference call and webcast on the same day at 10:30 CEST.

The presentation will be held by CEO Peter Lundström and CFO Linda Ekman in English and will conclude with a Q&A session. Questions can be asked on the conference call or in written form through the webcast.

Date and time
16 August 2023 at 10:30 CEST

Webcast
https://ir.financialhearings.com/permascand-top-holding-q2-2023

Registration
To participate via teleconference, please register via the link below. After registration, you will be provided with telephone numbers and a conference ID to access the conference. You can ask questions verbally via the telephone conference.

https://conference.financialhearings.com/teleconference/?id=200910

After the presentation, a recording of the webcast will be available on the webcast link and on the company’s website www.permascand.com

Permascand strengthens its presence in North America by signing a collaboration and supply agreement with Chemetry and investing as growth partner

Permascand has signed a collaboration and supply agreement with Chemetry, a company focused on developing lower energy technologies in the chemical space, based in Moss Landing, California. As part of the agreement, Permascand has acquired shares in Chemetry. The agreement is in line with Permascand’s strategy to further grow its Industrial Solutions segment in the North American market through technological and business development partnerships.

The collaboration and supply agreement, and the investment, are the next steps following the successful collaboration between Permascand and Chemetry concerning the commercialization of electrochemical cells for Chemetry's eShuttle® EDC technology. The eShuttle® platform combines electrochemistry and catalysis to enable more sustainable process technologies for commodity chemicals.

“Through this collaboration and supply agreement, and the related investment in Chemetry, Permascand takes the next step in our strategic plan to strengthen our presence on the North American market. We believe this is making us more competitive in gaining market shares by winning new projects and related aftermarkets services going forward. Additionally, it enables us to use our expertise to support the development of new state of the art technology for the electrochemical markets, which will support our customers to lower their energy consumption and meet future environmental requirements”, said Peter Lundström, CEO at Permascand.

”The strategic collaboration with Permascand adds an important partner to Chemetry’s team and is the next step for Chemetry in the commercialization of the first application of the eShuttle® platform for production of ethylene dichloride (EDC), an essential chemical in the manufacturing of PVC plastic. This collaboration positions us to supply our electrolysis technology to the industry and to provide technology support and expertise in all aspects of our business, said Ron Birkhoff, CEO at Chemetry.

The consideration of the acquired Chemetry shares amount to approximately SEK 10,2 million.

About Chemetry
Chemetry is a chemical technology company, based in California, that focuses on developing innovative and sustainable processes for the production of essential chemicals. Chemetry’s proprietary technology platform, called eShuttle®, offers several advantages over traditional production routes, including lower energy consumption, lower CO2 emissions, and lower cost of production. For more information, visit www.chemetrycorp.com.

Invitation to presentation of Permascand’s Q1 2023 interim report

Permascand will publish its Q1 2023 interim report on 10 May 2023 at 07:45 CEST. In connection with this, Permascand invites investors, analysts and media to a conference call and webcast on the same day at 10:30 CEST.

The presentation will be held by CEO Peter Lundström and CFO Linda Ekman in English and will conclude with a Q&A session. Questions can be asked on the conference call or in written form through the webcast.

Date and time
10 May 2023 at 10:30 CEST

Webcast
https://ir.financialhearings.com/permascand-top-holding-q1-2023

Registration
To participate via teleconference, please register via the link below. After registration, you will be provided with telephone numbers and a conference ID to access the conference. You can ask questions verbally via the telephone conference.

https://conference.financialhearings.com/teleconference/?id=200746

After the presentation, a recording of the webcast will be available on the webcast link and on the company’s website www.permascand.com

Trading update on the current market situation for Permascand during the first quarter of the year

Permascand communicated in connection with the Year-end report on February 9, 2023, that the company expects declining revenues in Water Treatment. The situation has been further reinforced, and the company is experiencing significantly weaker and declining demand than expected, and estimates that the installation cycle in ballast water treatment has reached its peak.

The first quarter of 2023 is characterized by a turbulent environment where customers in all segments are cautious in their investment decisions, which has affected the company negatively with a lower order intake than expected.

Permascand continues to experience strong market interest in the Electrification & Renewables and Industrial Solutions segments. These segments account for an increasing share of Permascand's revenue mix and customer demand is good. However, these revenues do not compensate for the loss of revenues in the Water Treatment segment.

Permascand's interim report for January-March will be published as planned on May 10, 2023.

Invitation to presentation of Permascand’s year-end report 2022

Permascand will publish its year-end report 2022 on 9 February 2023 at 07:45 CET. In connection with this, Permascand invites investors, analysts and media to a conference call and webcast on the same day at 10:30 CET.

The presentation will be held by CEO Peter Lundström and CFO Linda Ekman in English and will conclude with a Q&A session. Questions can be asked on the conference call or in written form through the webcast. No pre-registration is required.

Date and time
9 February 2022 at 10:30 CET

Webcast
https://ir.financialhearings.com/permascand-top-holding-q4-2022

Phone number
To participate via telephone please dial-in on the numbers below.

SE: +46-8-5051-6386
UK: +44-20-319-84884
US: +1-412-317-6300 , Pin code: 0469191#

After the presentation, a recording of the webcast will be available on the webcast link and on the company’s website www.permascand.com