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MarketScreener Homepage  >  Equities  >  FIRST NORTH STOCKHOLM  >  SaltX Technology Holding AB    SALT B   SE0005308541

SALTX TECHNOLOGY HOLDING AB

(SALT B)
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SaltX Technology : Newsletter

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01/12/2019 | 08:06am EDT

We are happy to introduce you to our monthly newsletters from the SaltX team. Here we will give you brief updates of the latest happenings in SaltX Technology. These are just some of our updates and we suggest you read more on our website and follow us on social media.

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Creating big impact with nano technology

Since 2017, SaltX primary focus is on large-scale energy storage, which is required in order to deal with the inconsistency of renewable energy supply. SaltX nano-coated salt technology is an all natural thermal energy storage solution that provides peak shifting to energy grid providers, industrial and commercial customers. With a low cost SaltX Energy Storage is enabling the full transition to renewable energy, globally. Read more about our Energy Storage solution on our new website and about other applications on SaltX Labs.

SaltX Technology website (http://saltxtechnology.com/)

[image]

Scaling up production

With our strategic partnerships with Finnish Nordkalk and German WACKER, we are now ready to scale up the production. While Nordkalk becomes SaltX preferred European manufacturer of SaltX patented Nano-Coated Salt (NCS) - consisting mainly of calcium oxide - WACKER delivers the silica-based coating material in the NCS. The initial target capacity in full-scale production will be 10,000 tons of NCS, which is equivalent to 4,000 MWh of thermal energy storage.

 "With the partnership with Nordkalk and WACKER, SaltX gets the best of two worlds: Both companies have the required technical know-how, production capabilities and financial resources to manufacture and supply the NCS at the right quality and in the quantities we need to meet the projected global demand of our NCS in the coming years", says Karl Bohman, CEO of SaltX Technology.

 Read the press release (http://saltxtechnology.com/saltx-enters-strategic-partnerships-to-scale-up-production-of-nano-coated-salt/)

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The first milestone achieved

We have passed the first milestone in the strategic development project together with Ahlstrom-Munksjö, a global manufacturer of fiber-based materials. Over the last six months, the companies have successfully been able to verify an industrial manufacturing method to coat graphene on paper and integrate it with SaltX patented nano-coated salt for its large-scale energy storage solution. The graphene manufacturer 2D fab participates in the project and delivers the graphene. The companies are now initiating production runs in Ahlstrom-Munksjö's pilot line.

Read the press release (http://saltxtechnology.com/saltx-achieves-first-milestone-in-the-collaboration-with-ahlstrom-munksjo-2d-fab-delivers-the-graphene-and-expand-production-capacity-for-future-volume/)

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Pilot plant in the news

SaltX and Vattenfall are now finalizing the installation of a large-scale pilot plant that will store excess wind power in SaltX energy storage to be released as district heating during peak hours. Germany, including the city of Berlin, has the ambition to shut down all coal-based heating plants and replace them with renewable energy. To succeed, supply and demand need to be balanced with a storage solution, which is why Vattenfall is considering SaltX solution. German news sites rbb, Energate-messenger.de and Zfk.de also reported directly from the event.

Read the press release (http://saltxtechnology.com/saltx-vattenfall-project-in-berlin-featured-in-german-television-and-media/)

[image] (https://www.youtube.com/watch?v=lbmNyYXOHCo)

SaltX World Tour

SaltX World Tour has started. We had about 70 investors, partners and customers visiting us at the first event in Stockholm. Next, we will visit Milan in the beginning of 2019 and then onwards to several cities in Europe, North America and Asia.

Want to showcase the demonstration unit? (https://saltxlabs.typeform.com/to/gR6CW4)

**********************************************************

About SaltX Technology

SaltX Technology is an award-winning company in Sweden which has developed a worldwide patented groundbreaking nano-technology, storing energy in salt for an
unlimited amount of time to provide heating and/or cooling.

The company is primarily focusing on large-scale energy storage, which is required to deal with the inconsistency of renewable energy supply. SaltX innovation, built with
nano-coated salt technology, is a circular thermal energy storage solution that provides peak shifting to energy grid providers, industrial and commercial customers. With a low cost SaltX Energy Storage is enabling the full transition to renewableenergy, globally.

http://news.cision.com/saltx-technology-holding-ab/r/newsletter,c2716650

http://news.cision.com/saltx-technology-holding-ab/i/website-for-newsletter,c2557397

http://news.cision.com/saltx-technology-holding-ab/i/a-m-for-newsletter,c2557398

http://news.cision.com/saltx-technology-holding-ab/i/world-tour-for-newsletter,c2557399

http://news.cision.com/saltx-technology-holding-ab/i/n-w-for-newsletter,c2557400

http://news.cision.com/saltx-technology-holding-ab/i/berlin1,c2557401

(c) 2019 Cision. All rights reserved., source Press Releases - English

Stocks mentioned in the article
ChangeLast1st jan.
AHLSTROM-MUNKSJO OYJ 0.14% 14 Delayed Quote.15.35%
SALTX TECHNOLOGY HOLDING AB 3.87% 4.7 Delayed Quote.-21.85%
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Managers
NameTitle
Lennart Karl-Oscar Bohman Chief Executive Officer
Hans Åke Sund Chairman
Harald Bauer Chief Financial Officer
Göran Bolin Chief Technology Officer & Executive VP
Nils Olof Olle Nordström Director
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