SAGA TANKERS und Everfuel

The company is on track for finalizing the CNF unit at the production facility at Flesland, Norway, and the module will be placed at the regional waste management company BIR in the Bergen area during the first quarter of 2022. Bergen Carbon Solutions has also entered several Letters of Intent (LOI) with potential tier-1 customers, including two Japanese companies, one Chinese company, in addition to the announced LOIs with Yara and Jackon.

“We aim to enter into several firm contracts going forward and to further expand our pipeline following our continuous dialogue with potential customers, academic and industrial entities. Bergen Carbon Solutions is on track for the industrial scale roll-out and reiterates the strong outlook,” Sagmo concludes.

Jan B. Sagmo will present the first half year report for 2021 on Wednesday 25 August 2021 at 08:00 CET at Hotel Continental, Oslo, Norway.

Link to webcast:
channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20210825_7

newsweb.oslobors.no/message/540599  

• Matured our carbon removal business, which will contribute to EU’s carbon removal strategy. We have entered into several partnerships in this field, and also developed a legislative proposal for sustainable carbon capture and storage
• Signed letters of intent with major European companies for commercial carbon storage

Highlights after the end of the period:
• Signed memorandum of understanding with Port of Rotterdam to set up a corridor for transport of blue ammonia from Norway
• Signed memorandum of understanding with St1 Nordic Oy for the joint development of a green ammonia project in Finnmark, Northern Norway

Market outlook
EU’s Green Deal target of 55% reduction by 2030 and carbon neutrality by 2050 established the framework for the coming years’ regulations and activities, as well as future demand for carbon neutral products and carbon storage solutions:

• Shipping is proposed to be a part of the EU’s Emissions Trading System (ETS) quota system, further driving the transition to clean maritime fuels.
• Through the carbon adjustment mechanism (CBAM), announced in July, grey ammonia imported into the EU is proposed to be tolled at the border on equal terms as the EU’s current grey ammonia production, which is already a part of the EU’s ETS. With ETS quota cost above 50 EUR/ton of CO2, this is a significant contribution to the economics of clean fuels, such as carbon neutral or clean ammonia from the Barents Blue project.
• The CO2 emissions in the EU amounted to more than 3,000 million tons in 2019. Present known planned storage capacity is less than 10 million tons in 2025 and around 20 million tons in 2030. In that perspective, the demand for carbon storage among industries and power plants in EU will far exceed known planned storage capacity, leaving great room for CO2 storage companies delivering flexible and cost-effective solutions to European industry and power plants.

The first half 2021 report and presentation are enclosed.
Horisont Energi will present its financial results for the half-year 2021 today at 08:30 CEST. The investor presentation will be live streamed and will be hosted by CEO Bjørgulf Haukelidsæter Eidesen and CFO Dan Jarle Flølo. The presentation will be held in English and questions can be submitted throughout the event. The streaming event is available through: channel.royalcast.com/landingpage/hegnarmedia/20210825_6/

Further information:

Investor relations
Dan Jarle Flølo, CFO
+47 901 13 159
djf@horisontenergi.com

newsweb.oslobors.no/message/540601

Pryme BV , the innovative cleantech company, looks back on a successful Q2 filled with important developments that will help drive the company forward.

Main developments:

-Construction of first industrial-scale plant on track as planned - scheduled commissioning Q2 2022. With an initial annual plastic intake of 40,000 mt, which will grow to 60,000 mt by 2024, it is poised to set a new standard in plastic recycling.

-Filled the two most critical management functions (plant manager and rollout manager) with high calibre candidates, which solidifies the team and enhances Pryme’s engineering and processing capabilities.

-Nominated two experienced independent directors, to set the stage for solid governance, strategy and management control to capture the attractive growth potential of the chemical recycling sector.

-Decision made to locate R&D plant at the University of Ghent

-Signed asset-backed loan of EUR 8.2 million, which represents 35-40% of projected capex and is an important marker in the company’s ambition to finance a major part of its future investments through non-dilutive funding.

-Secured a game-changing strategic partnership with a major petrochemical company; an important validation of Pryme’s technology and strategy.

Pryme highlights the enormous potential of its technology and strategy. The company’s pure play pyrolysis approach is inherently cost efficient and brings scale to the rapidly developing sector of plastic recycling. Over the past months it has seen confirmation on some of the key assumptions in its business case and is well on track to create substantial value for its shareholders.

The company presentation covering the developments in Q2 is attached.

Pareto will host an investor presentation today at 11:00 CET. Please register at: events.no@paretosec.com

newsweb.oslobors.no/message/540595

"Sustainability is at the top of the agenda within the maritime sector, and hydrogen will play an important role in the future, maritime fuel mix. An entirely new value chain needs to be developed, and a key part of that is transferring hydrogen from the harbors to the vessels. Hyon is currently developing solutions for production and fueling of hydrogen ships and we look forward to take an active role of the further development of these solutions," says Simonsen.

The Board of Directors has decided to distribute a dividend of NOK 0.1 per share for the quarter.

“Focus on renewable energy and the transition towards a more sustainable future is gaining momentum, despite the recent market turmoil. Saga Pure is focused on building a team of strong and broad industrial competence in accordance with the new investment strategy and has evaluated approximately 100 companies year to date. With a significant deal-flow, a highly selective investment approach and a substantial investment capacity, Saga Pure is well positioned to capitalize on our green and sustainable investment strategy. Following the positive development in the first half of 2021, the Board of Directors has decided to distribute a dividend of NOK 0.1 per share,” Simonsen concludes.

Saga Pure will host an investor presentation 30 August at 10:00 CET and the presentation can be followed live at www.sagapure.com, or at

channel.royalcast.com/landingpage/hegnarmedia/20210830_2/

The presentation will be held at Haakon VIIs gate 2, Oslo.

As a consequence of the Covid-19 pandemic, there will be a limited number of

guests at the physical presentation of the results. Please send a request to

info@sagapure.com with full name if you want to participate at the Q2

presentation.

A confirmation of participation will be needed to access the

event.

The presentation of the financial results for the second quarter 2021 and the Board of Directors report are enclosed.

"Sustainability is at the top of the agenda within the maritime sector, and hydrogen will play an important role in the future, maritime fuel mix. An entirely new value chain needs to be developed, and a key part of that is transferring hydrogen from the harbors to the vessels. Hyon is currently developing solutions for production and fueling of hydrogen ships and we look forward to take an active role of the further development of these solutions," says Simonsen.
The Board of Directors has decided to distribute a dividend of NOK 0.1 per share for the quarter.
“Focus on renewable energy and the transition towards a more sustainable future is gaining momentum, despite the recent market turmoil. Saga Pure is focused on building a team of strong and broad industrial competence in accordance with the new investment strategy and has evaluated approximately 100 companies year to date. With a significant deal-flow, a highly selective investment approach and a substantial investment capacity, Saga Pure is well positioned to capitalize on our green and sustainable investment strategy. Following the positive development in the first half of 2021, the Board of Directors has decided to distribute a dividend of NOK 0.1 per share,” Simonsen concludes.