MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Powerhouse Energy’s European patent application to be granted

ALN

Powerhouse Energy Group PLC on Friday said its patent application for the ‘Method & Apparatus for the Treatment of Waste Material’ will be granted by the European Patent Office on October 11.

The Bingley, England-based non-recyclable waste-to-energy conversion firm said the patent relates to the control of heading waste within a thermal conversion chamber to produce synthesis gas. The firm’s ‘DMG’ technology converts waste plastic into hydrogen.

The firm noted that it expects the UK and Europe to become important markets for its services, so ‘the granting of patent protection in these territories is therefore an important step for the company’.

It said it is in discussions with clients that require a waste solution and are looking to reduce their reliance on fossil fuels.

The company is also progressing with patent applications in other regions including the UK.

Chair Antony Gardner-Hillman said: ‘I am delighted by this news, which justifies the hard work put into the application, and into the development of the technology preceding that, by the very skilled PHE team.

‘This will be the first patent to be granted to the company. It provides significant protection for the DMG technology that differentiates PHE from others in the waste-to-energy sector. It is fitting that this patent has been granted while we fit out the Powerhouse Technology Centre in Bridgend.’

Powerhouse shares rose 0.9% to 0.51 pence each on Friday morning in London.

Copyright 2023 Alliance News Ltd. All Rights Reserved.