Powerhouse Energy Group (PHE) RNS Announcements
Add to Alert listPowerHouse Energy Group Plc (PHE) is a UK-based company that uses waste materials to produce new products and services. Their technology, called DMG, converts waste such as tires and plastic into syngas, which can then be used to create hydrogen, electricity, chemical precursors, and other industrial products. PHE also offers engineering and testing services, and customer support for their facilities.
PHE's technology can help improve air quality by using hydrogen as a transport fuel instead of diesel. They also aim to create a closed-loop solution for non-recyclable plastic waste within communities, which could help decarbonize trucks and buses and reach net zero emissions. PHE's focus on waste materials that would otherwise be thrown away or burned can also help prevent pollution and reduce the effects of climate change.
PHE develops their own facilities and sells the products they produce, but they also work with partners to provide their technology to others. Their outputs can be customized to meet customer needs, such as providing energy-rich syngas for industry, electrical power, heat or cooling, or hydrogen at 99.999% purity.
PHE share price launched at 4,838p in 2000.
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