Sinopec must be impressed by the data gathered during their 'due diligence' studies...:
The agreement follows extensive feasibility and evaluation studies over the past 16 months, which have validated the capability of NCF’s technology as a viable, valuable and technologically proven solution to the global problem of CO2 reduction, and creates a path to roll out full-scale plants across China.
This commercialisation agreement provides for a full-scale pilot plant to be built in China, in co-operation between NCF and SEG. Under the agreement, NCF will continue to build and develop all the core components, whilst SEG builds the relevant supporting infrastructure, utility connections and all additional requirements for an operational pilot plant. With external investment into NCF, and upon successful development of the pilot, SEG represents an initial ten-year partnership as the China sales and engineering representative for NCF.
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- Ann: Sinopec and NCF enter commercialisation agreement
Sinopec must be impressed by the data gathered during their 'due...
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