Mar 11, 2022
The Nomination Committee in Permascand has decided to propose Karl Bergman and Anna Alexandersson for election as new Board members at the Annual General Meeting on May 10, 2022.
Karl Bergman has held several senior positions at Vattenfall and is currently Head of Research and Development. Previous roles include senior positions in business units for CCS, nuclear power and heat. Karl Bergman has previously worked for Cap Gemini, ABB Power Systems and ABB Corporate Research and holds a PhD in solid state physics from Lund University.
Anna Alexandersson has experience of electrification, hydrogen and renewable energy through several roles at the research institute RISE. She currently holds the role of business developer at Statkraft Hydrogen AB and is also a board member of Vätgas Sverige. Anna holds a M.Sc. in chemical engineering from Chalmers University of Technology.
“We are pleased to be able to propose Karl Bergman and Anna Alexandersson as new Members of the Board of Permascand. Karl Bergman has broad and solid experience from research and development that will further be able to confirm Permascands as a leading innovative force in green technology applications. The Nomination Committee sees Anna Alexandersson's expertise in business development linked to hydrogen and electrification as an important addition to strengthen Permascand's position within green hydrogen and to utilize the commercial potential in the segment,” said Trond Bjørnøy, Chairman of the Nomination Committee.
The Nomination Committee proposes re-election of the current Board members Marie Grönborg, Mario Houde, Ingar Jensen and Johan Karlsson. The Nomination Committee proposes re-election of Per Lindberg as Chairman of the Board. Board members Per-Ola Baalerud and Pernilla Lundin have announced that they are not available for re-election at the upcoming AGM. The Nomination Committee's additional proposals will be published in conjunction with the notice of the 2022 AGM.
Feb 1, 2022
Permascand will publish its year-end report 2021 on 10 February 2022 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 preregistration is required.
Date and time
10 February 2022 at 10:30 CET
Webcast
https://tv.streamfabriken.com/permascand-top-holding-q4-2021
Phone number
To participate via telephone please dial-in on the numbers below.
SE: +46 8 5055 8368
UK: +44 3333 009 031
US: +1 631 913 1422 (Pin: 27301922#)
After the presentation a recording of the webcast will be available on the webcast link and on the company’s website www.permascand.com
Oct 28, 2021
Permascand will publish its Q3 2021 interim report on 10 November 2021 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 preregistration is required.
Date and time
10 November 2021 at 10:30 CET
Webcast
https://tv.streamfabriken.com/permascand-top-holding-q3-2021
Phone number
To participate via telephone please dial-in on the numbers below.
SE: +46 8 5055 8366
UK: +44 3333 009 267
US: +1 631 913 1422 (Pin: 28195320#)
After the presentation a recording of the webcast will be available on the webcast link and on the company’s website www.permascand.com
Oct 15, 2021
Permascand has signed a Master Supply Agreement with one of the largest global players in the chlorine and caustic soda market to deliver electrodes and electrochemical cells for the client’s chloralkali and diaphragm technology. The estimated value of the agreement is in the range of SEK 30-50 million per year for a period of three years.
Within the business segment Industrial Solutions, Permascand is committed to develop electrochemical solutions for industries to increase the efficiency of its client’s production. The client that Permascand now has entered into a Master Supply Agreement with, is a global leading manufacturer of chlorine, caustic soda, caustic potash (potassium hydroxide), calcium chloride, sodium chlorite and polyvinyl chloride resins. During 2020, approximately SEK 15 million of Permascands net sales were attributable to ad-hoc orders from the client (i.e., 3.6 percent).
“We are very pleased to continue this well-established business relationship with a major U.S. based client within chloralkali, diaphragm technology. Together we strive to reduce the impact of our environmental footprint by creating and bring innovative sustainable solutions to the industry market. This is according to our growth plan with focus on the North American market and contributes to the global green transition”, says Peter Lundström, CEO at Permascand.
The agreement is valid for three years and shall, unless terminated by a party, be renewed for two more years, a total of five years.
Sep 23, 2021
Permascand Top Holding AB (publ) (“Permascand”), an independent technology-driven manufacturer of electrochemical solutions, today announced that the company has signed a Collaboration Agreement with Verdagy for the development of a novel electrochemical cell to produce green hydrogen. The Collaboration Agreement follows the LOI signed between the companies in June 2021 and will accelerate the commercialization of the Electrochemical Cell that is the foundation for the Verdagy Water Electrolysis (VWE) process.
Verdagy and Permascand will collaborate on the development and commercialization of a novel large aspect ratio electrolysis cell capable of managing the heat and stress created by operating at much higher current densities than currently available with today’s water electrolysis technology. The nearly three-square meter cell and membrane architecture are key to dramatically lowering the upfront capital costs of a cell and system. Taken together, very large cells operating at high current densities are more productive, thereby lowering hydrogen production costs. By partnering, Verdagy and Permascand will be able to bring this technology to the broader market with the unprecedented speed necessary to accomplish the goals of Net Zero.
Peter Lundström, CEO at Permascand, said: “Signing this Collaboration Agreement is further support of our partnership with Verdagy and its desire to bring novel green hydrogen technology to the market. Verdagy’s technology and our ability to scale the manufacture of high-end electrolysis equipment will assure that the Verdagy process has the support and backing to rapidly impact the decarbonization of many industrial processes on the market”.
Verdagy is currently modifying its pilot plant facilities in Moss Landing, California, to operate 200kW cells at current densities 2 to 4 higher than the nearest competitor. Having a full-capability pilot plant and an experienced team of electrochemists, process engineers and plant operators in place provides Verdagy a rapid path to commercialization. The collaboration with Permascand will unlock low-cost hydrogen production.
Marty Neese, Verdagy’s CEO, stated, “Permascand is a great partner to bring our cell design to commercialization. Their focus on reproducibility and reliability along with the ability to competitively manufacture large quantities of large format electrochemical cells will be invaluable in the rapid commercialization of the VWE process. We are excited to be part of the Hydrogen Revolution”.
About Verdagy
Verdagy is innovating water electrolysis technology for the large-scale production of green hydrogen. Verdagy’s industry leading solution has the potential to achieve both the lowest upfront capital costs and the lowest unit economics for production. The company’s technology will enable the decarbonization of large industrial sectors of the global economy and will make a very meaningful positive impact in the efforts to address climate change. Verdagy operates laboratory and pilot plant facilities in Moss Landing, California, to further develop and rapidly scale the technology platform. For more information, visit www.verdagy.com.
