CIRCA COMMISSIONS TECHNIP ENERGIES FOR RESOLUTE NEXT-STAGE ENGINEERINGOSLO, NORWAY -8 June 2021 - Sustainable biochemicals companyCirca Group AS (Euronext Growth Oslo: CIRCA) has engagedTechnip Energies , a leading Engineering & Technology contractor, to conduct pre-EPC phase engineering work as the next step in the execution stage of the ReSolute project. The contract withTechnip Energies deliberately overlaps the basic engineering design stage currently managed byWood Consulting and has the main objectives of: (i) maintaining the project schedule as the project starts early stage engineering (ii) construction activities on site, specifically those of site preparation, and readiness of buildings. It also allows for a head start of detail engineering and ordering of long lead items (LLIs). DrEbbe Dommisse , Circa Chief Operations Officer commented, "The agreement withTechnip Energies is another major milestone in the construction of the ReSolute plant. With the ongoing concerns over the impact of Covid-19, the contract specifically has been designed to bring forward a number of activities that will deliver potential time savings should the virus impact the project in the future." PierrePettex , Commercial Director, Sustainable Chemistry & Biofuels,Technip Energies stated, "Technip Energies is pleased and proud to have been chosen by Circa for this stage of the ReSolute project.Technip Energies has the skills and resources to immediately engage on the project and we look forward to delivering a successful outcome for Circa." About Circa Established in 2006,Circa Group converts waste, non-food biomass into advanced bio-based chemicals with its proprietary FuracellTM process. Its developing product portfolio includes flavours, biopolymers, and bio-solvents including CyreneTM, an alternative to traditional polar aprotic solvents, which is produced in one step from platform biomolecule Levoglucosenone. By creating renewable chemicals from cellulose, Circa is extracting value from non-food, waste biomass and addressing a gap in the market by providing bio-based alternatives contributing to a more circular economy. InMarch 2021 ,Circa Group successfully listed on the Euronext Growth Market inOslo , stock symbol CIRCA. www.circagroup.com.au Media ContactKathryn Sheridan Sustainability Consult ks@sustainabilityconsult.com www.sustainabilityconsult.com
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