EUROPLASMA: A framework partnership agreement with Orano Cycle has come into effect
September 20, 2019 at 04:40 am EDT
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EUROPLASMA
EUROPLASMA: A framework partnership agreement with Orano Cycle has come into effect
20-Sep-2019 / 10:39 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Press release ? Bordeaux, 17 September 2019
A framework partnership agreement with Orano Cycle has come into effect
Europlasma announced today the signature of a 4-year renewable partnership agreement with Orano Cycle. It is effective immediately.
Through this partnership, Europlasma will work closely with a major player in the hazardous waste sector to develop its hazardous waste and toxic gas recovery activities and embark on a path to growth.
The agreement is divided into two parts, specifically:
An industrial component aimed at developing new facilities for the treatment of conventional hazardous waste (asbestos, fly ash, toxic gases, etc.) and nuclear waste.
A Research & Development component in the following areas:
conventional waste the treatment of which is already covered by Europlasma solutions, i.e. the melting and sealing of asbestos and fly ash and the cracking/reforming of gas;
the development of treatment solutions for new conventional waste;
intermediate, low or very low level nuclear waste (IA, LA or VLA).
In this context, it is foreseen that a common research centre will be established at the Morcenx (Landes) site, owned by Europlasma.
The partnership will be steered by a joint steering committee on both the industrial and R&D sides ensuring that operations run smoothly.
About EUROPLASMA
Operating at the crossroads of multiple environmental issues, EUROPLASMA designs and develops innovative plasma solutions for renewable energy production and hazardous waste recovery, as well as tailor-made applications for industries intent on reducing their environmental footprint. EUROPLASMA is listed on Euronext GROWTH(TM), (FR0000044810-ALEUP / LEI 969500WYVNHBV1ABQ250). For more information: www.europlasma.com.°
About Orano Cycle
Orano Cycle is an Orano Group company, specialising in the dismantling of nuclear installations, as well as the treatment and conditioning of hazardous and in particular radioactive waste.
Europlasma is a French group, present internationally, that has been designing and developing know-how for the benefit of man and his environment for 30 years. Expert in pollution control, its innovative solutions are intended for the treatment and recovery of hazardous waste using its proprietary technology, the plasma torch, as well as for applications for industries concerned with reducing their environmental footprint, by replacing fossil fuels or through recycling in a circular economy approach.
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