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a large scale pyrolysis reactor for production of biocarbon and syngas.
The reactor will be built and delivered by the end of 2022 by C.H. Evensen
Industriovner (“Evensen”), the recently acquired company, and now a wholly owned
subsidiary in the Vow group.
“The Evensen reactor is a combined reactor, in the sense that the energy
required to fuel and run the process comes either from the feedstock itself or
from electricity. It is based on technology that we have supplied before, but
not at this scale,” said Henrik Wulff, managing director of C.H. Evensen.
Global trends, strong demand
“Global trends in the circular economy and energy markets, regulation, and
economic realities, encourage industry and energy providers to decarbonise. This
creates an unprecedented demand and interest for the technologies and solutions
that we provide, producing renewable carbon and climate neutral gas at large
scale,” said Henrik Badin, CEO of Vow.
Recent examples of such interest include the letter of intent with an
undisclosed global producer of non-ferrous metals for renewable carbon, and the
news that GRTgaz, Europe’s second largest gas distributor, is considering
replacing fossil natural gas with methanised syngas in its gas grid.
“We are building the reactor on spec, but we are confident that we will have
found a buyer by the time it is delivered,” Badin said.
The new large-scale Evensen reactor will produce yearly up to 100 GWh of syngas
and 10 000 tonnes of Biocarbon in an application based on forestry residues.
This amount of biocarbon enables a possibility to capture up to 30 000 tons of
CO(2) which otherwise would have been released to the atmosphere.
Complementary technologies
“With the recent acquisition of Evensen, Vow will in effect have three
complementary pyrolysis technologies on offer. They can be used separately or in
combination, depending on available feedstock and desired product. With the
addition of the Evensen reactor to our toolbox, we are also able to offer
industrial plants with a much higher capacity than before. This was in fact one
key reason for our decision to acquire C.H. Evensen in the first place”,
explained Mr Badin.
Stand-alone, the Evensen reactor is ideal for processing large volumes of
biomass, such as forestry waste and waste wood, and production of clean energy
and biochar, which for instance can be used for soil improvement. In terms of
capacity for certain industry applications, one Evensen reactor can replace five
to six Biogreen process lines.
The Biogreen solution from Vow subsidiary Etia can be finely tuned to produce
the most sophisticated and advanced biocarbon, needed for instance by the
metallurgical and advanced materials industries. This technology is currently
being delivered to Vow Green Metals’ BioCarbon plant at Follum in Norway.
For processing of organic waste and production of clean energy, for instance on
board a cruise ship, the Scanship MAP (microwave assisted pyrolysis) technology
is well suited. The first such system is being installed on a cruise ship this
spring, by Scanship, also a Vow subsidiary.
“The beauty of our enhanced toolbox is that technology selection and process
configuration can be adjusted to match different feedstock and the desired
quality and specification of the products. Feedstock could for instance be
forestry waste, waste wood, other types of biogenic material, sewage sludge, and
even plastics and polymers. For production of larger volumes of advanced
biocarbon, we are currently designing a two-step process with several Biogreen
units connected to each Evensen reactor. This would further multiply output from
our systems,” said Mr Badin.
For more information, please contact
Henrik Badin, CEO, Vow ASA
Tel: + 47 90 78 98 25
Email: henrik.badin@vowasa.com
Erik Magelssen, CFO, Vow ASA
Tel: +47 928 88 728
Email: erik.magelssen@vowasa.com
About Vow
Vow and its subsidiaries Scanship, ETIA and C.H. Evensen are passionate about
preventing pollution. The company’s world leading solutions convert biomass and
waste into valuable resources and generate clean energy for a wide range of
industries.
Cruise ships on every ocean have Vow technology inside which processes waste and
purifies wastewater. Fish farmers are adopting similar solutions, and public
utilities and industries use our solutions for sludge processing, waste
management and biogas production on land.
With advanced technologies and solutions, Vow turns waste, biomass, plastics and
polymers into recycled advanced carbon materials, low carbon fuels, chemicals,
and climate neutral gas for industries to reduce their dependence on fossil
energy and petroleum products.
The solutions are scalable, standardised, patented, and thoroughly documented,
and the company’s capability to deliver is well proven. They are key to end
waste and stop pollution.
Located in Oslo, the parent company Vow ASA is listed on the Oslo Stock Exchange
(ticker VOW).
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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