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EQT Eqtec Plc

2.40
-0.05 (-2.04%)
Last Updated: 11:28:36
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eqtec Plc LSE:EQT London Ordinary Share IE000955MAJ1 ORD EUR0.01 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -2.04% 2.40 2.30 2.50 2.45 2.40 2.45 379,303 11:28:36
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 7.97M -10.53M -0.0712 -0.34 3.55M

EQTEC PLC Achievement of ISO certifications

28/11/2023 7:00am

RNS Non-Regulatory


TIDMEQT

EQTEC PLC

28 November 2023

28 November 2023

EQTEC plc

("EQTEC", the "Company" or the "Group")

Achievement of ISO 9001, ISO 14001 and ISO 45001 certifications

EQTEC plc (AIM: EQT), a global technology innovator powering distributed, decarbonised, new energy infrastructure through its waste-to-value solutions for hydrogen, biofuels, and energy generation, is pleased to announce that it has successfully achieved certification against three groups of standards set by the International Organisation for Standardisation ("ISO"), comprising ISO 9001 for Quality Management, ISO 14001 for Environmental Management and ISO 45001 for Occupational Health & Safety.

The ISO 9001 certification is well known for its establishment, testing and continuous improvement of a quality management system ("QMS") that aligns resources and effort across the enterprise on collective delivery of customer outcomes, execution efficiency for the business and mitigation of execution risks. The Company's achievement of the certification is expected to increase client and supplier confidence in EQTEC's quality management and the Company's establishment and integration of a QMS-based way of working will support future growth and scale through consistent application of standards across its multinational business.

The ISO 14001 certification helps organisations identify, manage, monitor and control their environmental issues in a holistic manner through an environmental management system ("EMS"). Similar to the QMS, the EMS provides assurance to Company management that it will comply and can remain compliant with statutory and regulatory requirements, also ensuring that its strategic objectives as outlined in its Environmental, Social and Governance ("ESG") Statement will be met consistently and efficiently. The Company announced its ESG Statement in January 2022 and updated on its activities with it in its annual results published in May 2023.

The ISO 45001 certification specifies requirements for an occupational health and safety management system toward establishment and maintenance of safe and healthy workplaces. Its aims are to improve occupational health and safety, eliminate hazards and minimize risks for people in the workplace. This is especially important for the Company as a provider of infrastructure technology with staff working around the world on construction sites and with regular travel and visits to client locations essential to their roles.

The three certifications and their component management systems are highly complementary and were established in an integrated fashion. The preparation and certification process, undertaken in collaboration with a third-party assessment and consulting agency, lasted nearly one year and culminated in a four-day review of EQTEC's systems with feedback on areas for development and improvement. The certifications are in effect as of 24 October 2023.

Yoel Alemán, CTO of EQTEC, commented:

"This has been a comprehensive and highly iterative process for us that has resulted in a successful set of certifications for our business. I am proud of the team's efforts and collective action to achieve these and believe that our continuous improvement of our standards into the future will support higher quality work and therefore business success."

Jeff Vander Linden, COO of EQTEC, commented:

"On the one hand, the top-tier customers and suppliers we are targeting expect such certifications from their partners; but on the other hand, the hard work invested by the team in these certifications also supports our execution capability and establishment of a standard platform for more rapid growth and scale in future."

ENQUIRIES

 
EQTEC plc 
 David Palumbo / Jeffrey Vander Linden       +44 20 3883 7009 
Strand Hanson - Nomad & Financial Adviser 
 James Harris / Richard Johnson              +44 20 7409 3494 
                                             ---------------- 
Global Investment Strategy UK Ltd - Broker 
 Samantha Esqulant                           +44 20 7048 9045 
                                             ---------------- 
Fortified Securities - Broker 
 Guy Wheatley                                +44 20 3411 7773 
                                             ---------------- 
Panmure Gordon - Broker 
 John Prior / Hugh Rich                      +44 20 7886 2500 
                                             ---------------- 
 

About EQTEC

As one of the world's most experienced thermochemical conversion technology and engineering companies, EQTEC delivers waste management and new energy solutions through best-in-class innovation and infrastructure engineering and value-added services to owner-operators. EQTEC is one of only a few technology providers directly addressing the challenge of replacing fossil fuels for reliable, baseload energy. EQTEC's proven, proprietary and patented technology is at the centre of clean energy projects, sourcing local waste, championing local businesses, creating local jobs and supporting the transition to localised, decentralised and resilient energy systems.

EQTEC designs, specifies and delivers clean, syngas production solutions in the USA, EU and UK, with highly efficient equipment that is modular and scalable from 1MW to 30MW. EQTEC's versatile solutions process 60 varieties of feedstock, including forestry waste, agricultural waste, industrial waste and municipal waste, all with no hazardous or toxic emissions. EQTEC's solutions produce a pure, high-quality synthesis gas ("syngas") that can be used for the widest range of applications, including the generation of electricity and heat, production of renewable natural gas (through methanation) or biofuels (through Fischer-Tropsch, gas-to-liquid processing) and reforming of hydrogen.

EQTEC's technology integration capabilities enable the Group to lead collaborative ecosystems of qualified partners and to build sustainable waste reduction and green energy infrastructure around the world.

The Company is quoted on the London Stock Exchange's Alternative Investment Market (AIM) (ticker: EQT) and the London Stock Exchange has awarded EQTEC the Green Economy Mark, which recognises listed companies with 50% or more of revenues from environmental/green solutions.

Further information on the Company can be found at www.eqtec.com .

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END

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(END) Dow Jones Newswires

November 28, 2023 02:00 ET (07:00 GMT)

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