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    QFUEL   NO0010785967

QUANTAFUEL ASA

(QFUEL)
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Quantafuel ASA : | Quantafuel enters Italy with Corepla and SAIPEM

03/01/2021 | 02:01am EDT
Quantafuel has entered into an agreement with Corepla and SAIPEM to jointly
promote circular economy models for plastic waste, and to seek building chemical
recycling plants throughout Italy.

- As for all European countries, plastic waste is a major challenge in Italy.
Our consortium annually collects 1.5 million tons of plastic packaging. With
Quantafuel and SAIPEM, we will create a full circular economy for plastic waste,
says Giorgio Quagliuolo, President of Corepla.

- We are taking another big step forward in growing our international presence
and rolling out large-scale capacity plants based on Quantafuel's technology. We
are pleased to be working with such strong partners for a large and important
market like Italy, says Kjetil Bøhn, CEO of Quantafuel.

- The cooperation with industry leaders in their field of operation is for us an
important step to implement sustainable solutions that can contribute to address
global environmental issues, such as waste plastic recycling, in a circular
economy framework, says Antonio Bassi, Petrochemicals Product Manager in
Saipem's consulting and engineering division XSIGHT.  

Corepla is an Italian national consortium for the collection, recovery and
recycling of plastic packaging waste, while SAIPEM is a leading company in
engineering, drilling and construction of major projects in the energy and
infrastructure sectors, a global solution provider present in over 60 countries
worldwide and 31,000 employees of 130 different nationalities.

For further queries, please contact:
Kjetil Bøhn, CEO +47 91573818 
Kristian Flaten, CFO +47 95092322 


About Quantafuel | https://quantafuel.com 
Quantafuel is a technology-based energy company converting waste plastics back
into low-carbon synthetic oil products replacing virgin oil products. Quantafuel
is establishing, operating and owning dedicated plastic-to-liquid (PtL) plants
and plans to establish several plants throughout Europe and beyond.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange

Stocks mentioned in the article
ChangeLast1st jan.
QUANTAFUEL ASA -5.16% 38.56 Real-time Quote.-33.13%
SAIPEM S.P.A. -1.88% 2.194 Delayed Quote.1.41%
All news about QUANTAFUEL ASA
06/11QUANTAFUEL ASA  : | New share capital registered
AQ
06/10QUANTAFUEL ASA  : | Mandatory notification of trades
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06/09QUANTAFUEL  : Norway's Quantafuel to Invest in Danish Plastic Pre-Treatment Line
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06/09QUANTAFUEL ASA  : | Quantafuel takes lead position in the Danish waste market
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06/03QUANTAFUEL ASA  : | Share issue under option program
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05/28QUANTAFUEL ASA  : | Annual General Meeting - Minutes
AQ
05/20QUANTAFUEL ASA  : | Mandatory notification of trades
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05/14QUANTAFUEL ASA  : | Mandatory notification of trades
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05/14QUANTAFUEL ASA  : | First quarter results 2021
AQ
05/11QUANTAFUEL ASA  : | Invitation to Q1 2021 webcast
AQ
More news
Financials (USD)
Sales 2021 9,12 M - -
Net income 2021 8,95 M - -
Net cash 2021 11,3 M - -
P/E ratio 2021 584x
Yield 2021 -
Capitalization 5 350 M 628 M -
EV / Sales 2021 585x
EV / Sales 2022 182x
Nbr of Employees 53
Free-Float 83,3%
Chart QUANTAFUEL ASA
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Quantafuel ASA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends QUANTAFUEL ASA
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 12,72 $
Last Close Price 38,56 $
Spread / Highest target -60,3%
Spread / Average Target -67,0%
Spread / Lowest Target -70,9%
EPS Revisions
Managers and Directors
NameTitle
Kjetil Langland Bøhn Chief Executive Officer
Kristian Flaten Chief Financial Officer
Ann-Christin Gjerdseth Andersen Chairman
Bjørn Arild Dahlen Chief Technology Officer
Jens Engwall Director
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