VOW Vow ASA

Vow ASA : Vow Green Metals confirms largest landbased contract for Vow ASA

Vow ASA : Vow Green Metals confirms largest landbased contract for Vow ASA

Vow ASA has received confirmation of a purchase order for delivery of process equipment, engineering and project support to Vow Green Metals’ biocarbon plant at Follum in Norway. The contract is valued at NOK 215 million.

“We are excited to be able to confirm this contract for a project that we have worked on for more than a year. This order represents a milestone for us within our landbased business, where we will be supplying our advanced process technology to what will be one of the largest biocarbon production facilities in Europe,” says Henrik Badin, CEO of Vow ASA.

The equipment will be completed and shipped to Norway during 2022. The contract will be reported as part of Vow’s Landbased business.

The plant at Follum will be built, owned, and operated by Vow Green Metals AS.



For more information, please contact

Henrik Badin, CEO, Vow ASA

Tel: 5

Email:

Erik Magelssen, CFO, Vow ASA

Tel:  728

Email:



About Vow

Vow and its subsidiaries Scanship and Etia are passionate about preventing pollution. The company’s world leading solutions convert biomass and waste into valuable resources and generate clean energy for a wide range of industries.

Cruise ships on every ocean have Vow technology inside which processes waste and purifies wastewater. Fish farmers are adopting similar solutions, and public utilities and industries use our solutions for sludge processing, waste management and biogas production on land.

With advanced technologies and solutions, Vow turns waste into biogenetic fuels to help decarbonise industry and convert plastic waste into fuel, clean energy, and high-value pyro carbon. The solutions are scalable, standardised, patented, and thoroughly documented, and the company’s capability to deliver is well proven. They are key to end waste and stop pollution.



Located in Oslo, the parent company Vow ASA is listed on the Oslo Stock Exchange (ticker VOW).



 



EN
22/10/2021

Underlying

VOWVow ASA

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Vow ASA

 PRESS RELEASE
Free
VOW VOW ASA

Vow ASA: Significant change order confirmed

Vow ASA: Significant change order confirmed Oslo, 4 April 2024: Vow ASA (OSE: VOW) Scanship AS has achieved a significant milestone today by securing a change order worth EUR 2.1 million from a prominent European shipyard. This is a change order to two existing contracts in the company’s backlog. With this change order, the total scope of the largest contract now amounts to EUR 10.4 million, ranking it as the largest single technology supply contract ever awarded to Scanship for a cruise ship under construction. “This is more than double the average size of contracts only a few years bac...

April 4, 2024 1 EN
 PRESS RELEASE
Free
VOW VOW ASA

Vow ASA: ABOUT VOW’S ACCOUNTS FROM 2019

Vow ASA: ABOUT VOW’S ACCOUNTS FROM 2019 Vow has received questions suggesting that recent media coverage and an analyst report have left the impression that Vow from 2019 has misreported cost. This is not correct. Apparently, the analysis and the media report have overlooked that the company has capitalised relevant development costs during the period. Since 2019 Vow has successfully introduced new internally generated technology and entered into new markets. For selected contracts that have required new technology, some operational expenditures related to R&D has been capitalized. High ...

March 22, 2024 1 EN
 PRESS RELEASE
Free
VOW VOW ASA

Vow ASA: Contract wins in heat intensive sector

Vow ASA: Contract wins in heat intensive sector Oslo/Fredrikstad, 6 March 2024: Vow ASA (OSE: VOW) subsidiary C.H. Evensen continues to prove its relevance in the heat intensive industry sector, this by being awarded NOK 30 million of contracts to undisclosed blue chip recurring customers in Europe. The bidding activity continues to be high in Vow’s Heat Solutions division, and the order backlog within this division now stands at around NOK 110 million of which a substantial part will convert to revenue in 2024 with robust margins. Faced with high costs for energy and emissions, companies...

March 6, 2024 1 EN
 PRESS RELEASE
Free
VOW VOW ASA

VOW ASA: FULL YEAR 2023 PRESENTATION

VOW ASA: FULL YEAR 2023 PRESENTATION Oslo, 29 February 2024: Vow ASA (OSE: VOW) yesterday published the report for the full year and second half of 2023. Today, on Thursday, 29 February at 09:00 CET, CEO Henrik Badin and CFO Tina Tønnessen will present and comment the results. The presentation material is attached to this release. The session will be held at Haakon VII's gate 2, 0161 Oslo. Participants are welcome to join in person or via livestream. The streaming link will also be available for replay after the event. The session will be held in English. To register and join the webcast,...

February 29, 2024 1 EN
 PRESS RELEASE
Free
VOW VOW ASA

Vow ASA: Full year and second half of 2023 results

Vow ASA: Full year and second half of 2023 results Oslo, 28 February 2024: Vow ASA (OSE: VOW) revenues for the full year 2023 were NOK 918.5 million, a 17 per cent increase from the year before. EBITDA before non-recurring items was negative NOK 23.4 million for the full year. In addition, the company recorded non-recurring items of negative NOK 31.3 million, mainly related to non-cash balance sheet clean-up in contract accruals. This resulted in a negative EBITDA for the year of NOK 54.7 million versus a positive NOK 85.5 million in 2022. “The year 2023 was a year of high activity and r...

February 28, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch