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This has every opportunity of developing into significant business for Opcon. The customer indicates yearly sales for Opcon of some 10-40 million SEK already from 2013. This is yet another important step forward in developing our strategic activity in China. Our investment here is starting to bear fruit
Rolf Hasselström, President and CEO of Opcon AB
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Opcon: Signs Letter of Intent with Snowman to establish Opcon Powerbox JV for China

Energy and environmental technology group Opcon AB (publ) has signed a Letter of Intent with its strategic partner Fujian Snowman Co. Ltd., Fuzhou, Fujian, China on the formation of a Joint Venture for the marketing, manufacturing and sales of Opcon’s Waste Heat Recovery technology, the Opcon Powerbox in China and parts of Southeast Asia. In order to develop the Chinese market and an industrialized manufacturing base for the Opcon Powerbox the parties’ intention is to form a joint venture that will be owned 51% by Snowman and 49% by Opcon. Opcon will grant a license for manufacturing,

Opcon: Signs MoU on directed rights issue of 30 m shares at 0,57 SEK/share to Chinese Snowman

· MoU to issue 30.000.000 shares at 0,57 SEK/share · Aim to strengthen strategic cooperation in order to get Opcon technology to the Chinese marketOpcon has signed a Memorandum of Understanding to carry out a directed rights issue of 30.000.000 new shares at a price of SEK 0.57 per share to Hong Kong Snowman Technology Ltd. a fully owned subsidiary of Fuijan Snowman Co. Ltd, Fuzhou, Fuijan, China. Ever since the summer 2011, the energy and environmental technology Group Opcon’s Center of Excellence for compressor technology, Svenska Rotor Maskiner (SRM), has built a closer cooperation

Opcon wins another bioenergy repeat order in the Czech Republic

Opcon, the energy and environmental technology Group, has received yet another order for equipment that recycles waste heat, this time within the bioenergy sector in the Czech Republic. The order concerns the delivery of the SRE Renergi flue gas condenser including treatment for another district heating plant operated by TTS in the town of Trebic, Czech Republic. This is the third order for district heating plants in Trebic, which as 45,000 inhabitants. The first was delivered in the autumn, 2010. The district heating plant in Trebic has a 7.9 MW biomass boiler. When the SRE condenser is

Opcon improves energy efficiency and cuts emissions at Kilafors

At the World Bioenergy 2012 exhibition in Jönköping, Opcon, the energy and environmental technology Group, has announced a new order from Järnforsen Energisystem AB for Opcon’s leading SRE Renergi flue gas condenser and water treatment equipment for the expansion of Bollnäs Energi’s district heating plant at Kilafors. Bollnäs Energi currently has three plants with total heat production of 240 GWh per year, with the plant at Kilafors accounting for 20 GWh. This plant uses biomass for 85% of its energy requirement and has previously operated a 3.5 MW boiler. In the expansion it will add a

Opcon Powerbox for carbon-free electricity in China – Opcon signs a memorandum of understanding for joint venture on the Chinese market

Opcon AB, the energy and environmental technology Group, has signed a memorandum of understanding (MOU) with state-owned Shanghai Baosteel Energy Tech Co., Ltd., of China, concerning the establishing of a joint venture for collaboration around Opcon Powerbox on the Chinese market. Baosteel Energy is the wholly-owned subsidiary of Baosteel Engineering & Technology Group Co., Ltd., which is a part of the state-owned steel group, Baosteel Group, which has over 100,000 employees and sales of around USD 29 billion. “We have been assessing different ways of getting Opcon Powerbox into the

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