Third commercial installation
We are pleased to inform you of a third commercial installation of our technology for Austcor Packaging Pty Ltd.
The $3 million contract is to supply a pilot device to Austcor Packaging’s corrugating plant in Wetherill Park, NSW, subject to an engineering study.
Austcor will also install several million dollars worth of solar panels at the plant. The energy from these will be stored in the TESS to create steam to power the plant’s corrugating machines.
Austcor and its partners have a number of other packaging plants around the country and are looking to roll out our technology to these plants.
These installations will provide your Company with the necessary operating specifications for wider commercialisation.
Dr Kevin Moriarty
Executive Chairman
1414 Degrees IPO, page-147
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)