Nov 2, 2023
Permascand has received an order from a global leader in hydrogen technology for high-efficiency electrodes for advanced alkaline electrolysis. The order value amounts to approximately SEK 17 million and will be included as order intake in the fourth quarter of 2023, within the business segment Electrification & Renewables. Delivery of the order is expected to be evenly distributed over the first three quarters of 2024.
The customer has been a recurring partner for over 20 years and focuses on clean energy technology with a broad spectrum of hydrogen technologies to support the shift to zero emissions.
"I am delighted that we continue to grow our business in alkaline water electrolysis – where our high-efficiency electrodes contribute to a more efficient hydrogen production. Our extensive experience in the field, together with our scalable production capacity, indicates that we are well placed to achieve our ambition to become one of the leading suppliers of high-efficiency electrodes for production of green hydrogen," says Peter Lundström, CEO of Permascand.
Nov 1, 2023
Permascand will publish its Q3 2023 interim report on 9 November 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.
Date and time
9 November at 10:30 CET
Webcast
https://ir.financialhearings.com/permascand-top-holding-q3-report-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=5003308
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 25, 2023
Permascand has signed a Letter of Intent (LOI) with a leading green hydrogen technology provider and system integrator concerning the manufacturing of high-performance electrodes for advanced alkaline electrolysis, strengthening the company’s existing pipeline of green hydrogen projects.
The LOI is an important step in developing long-term cooperation aiming to achieve the ambitions of our partner globally by providing a reduction of the levelized cost of hydrogen through product durability, price performance, and circularity. The first project deployment is planned before the end of 2025.
“Permascand is a pioneer in advanced alkaline water electrolysis, with more than 20 years of experience in commercial supply of top-performing electrodes. This LOI marks an important milestone, and we are looking forward to a long-term cooperation to support our partner’s global ambitions in providing green hydrogen technology”, said Peter Lundström, CEO of Permascand.
“There is a global shift towards advanced alkaline electrolysis, and we are continuously pushing the boundaries in our value chain and product portfolio, striving for the levelized cost of green hydrogen to reach customer’s ambition”, said Nicolas Laroche, Chief Strategy Officer of Permascand.
Permascand is now an active partner in over 24 projects for the supply of high-performance electrodes used in advanced alkaline electrolysis technology to reduce the levelized cost of green hydrogen.
Sep 18, 2023
Permascand has received two orders from one of the world's largest commodity trading companies regarding aftermarket services in electrowinning, within the Electrification & Renewables segment. The order value totals approximately SEK 130 million and will be included as order intake in the third quarter of 2023. The orders are expected to be delivered in 2024.
"These orders are further proof that our customer-centric focus is bearing fruit. It is gratifying to continue this well-established cooperation in our growth segment Electrification & Renewables where our mission-critical solutions enable the extraction of metals central to the green energy transition and make the process more sustainable", says Peter Lundström, CEO of Permascand.
The business partnership is well established, and Permascand has historically delivered aftermarket services to the customer's facilities. The customer is one of the world's largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life.
Sep 12, 2023
Permascand enters a strategic membership in Hydrogen Europe, a leading organisation in the world of hydrogen. Joining the organisation will enhance Permascand’s presence in the European green hydrogen ecosystem and support the company’s strategy to enter new partnerships, collaborations, and business agreements.
Hydrogen Europe represents European-based companies and stakeholders committed to moving towards a more circular and sustainable economy. The organization serves the interest of the hydrogen industry with the vision to propel global carbon neutrality by accelerating the European hydrogen industry.
“We are looking forward to being part of Hydrogen Europe and contributing to the hydrogen supply chain and to scaling up the green hydrogen business. This is an essential precondition for carbon neutrality, crucial to reducing the amount of pollution and limiting the process of global warming. By jointly addressing key technological and legislative issues we can make a greater impact”, said Permascand CEO Peter Lundström.
For more information about Hydrogen Europe, visit: https://hydrogeneurope.eu/
