Inactive Instrument

Quantafuel

QFUEL

NO0010785967

Quantafuel ASA | Third quarter results 2023

November 15, 2023 at 11:31 am IST

- The Skive plant continues testing of key design solutions in parallel with
commercial production
- ReSource, Denmark's largest plastic sorting facility, is on track to start
commissioning in Q4
- Quantafuel's loan agreement with Viridor secures financial stability
- Amendments to the loan agreement gives the company flexibility to repay the
loan, either in part 
or full, by issuing new shares

During this quarter, the integration and collaboration with our majority
shareholder, Viridor, has 
continued. Together we are aligning our strengths and visions and laying the
groundwork for a 
combination of expertise that makes progress in chemical and mechanical
recycling of plastics. 

For further queries, please contact: 
Terje U. Eiken, CEO +47 93018040 terje.eiken@quantafuel.com 
Jens Petter Broby, CFO + 47 91543203 jens.petter.broby@quantafuel.com

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. 

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation, and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act.

Click here for more information

Latest news about Quantafuel

Viridor Limited acquired remaining stake in Quantafuel AS (OB:QFUEL).	07/02	CI
Quantafuel Files for Delisting from Oslo Børs	30/01	MT
Viridor Limited agreed to acquire remaining stake in Quantafuel AS (OB:QFUEL) for approximately NOK 180 million.	30/01	CI
Transcript : Quantafuel AS - Shareholder/Analyst Call	18/01
Quantafuel AS Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	16/11	CI
Quantafuel AS Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	31/23/31	CI
Quantafuel AS (OB:QFUEL) acquired 50% stake in Polynate AS.	31/23/31	CI
Quantafuel Appoints New CFO	23/23/23	MT
Quantafuel AS Announces CFO Changes	23/23/23	CI
Quantafuel AS Announces Amendment to Viridor Term Loan Agreement Increasing Facility to NOK 1,000 Million	07/23/07	CI
Quantafuel as Elects Omar Shafi Khan as Board Member	16/23/16	CI
Quantafuel ASA Announces Christian Bekkevold Nilsen to Step Down At the End of November as CFO	15/23/15	CI
Quantafuel ASA Announces Executive Changes	15/23/15	CI
Quantafuel AS Reports Earnings Results for the First Quarter Ended March 31, 2023	12/23/12	CI
Viridor Unit Completes Takeover Offer for Quantafuel, Secures Nearly 81% Stake	05/23/05	MT
Viridor Limited completed the acquisition of Quantafuel ASA (OB:QFUEL) from BASF SE, KIRKBI A/S and others for approximately NOK860 million.	05/23/05	CI
Viridor Unit Further Extends Offer Period for Quantafuel Acquisition	24/23/24	MT
Chief executive officer and founder of Geminor Kjetil Vikingstad and Ralf Schöpwinkel completed the acquisition of remaining 40% stake in Geminor AS from Quantafuel ASA (OB:QFUEL).	20/23/20	CI
Viridor Again Extends Offer Period for Quantafuel Acquisition	17/23/17	MT
Chief executive officer and founder of Geminor Kjetil Vikingstad and Ralf Schöpwinkel entered into an agreement to acquire remaining 40% stake in Geminor AS from Quantafuel ASA (OB:QFUEL) for NOK 80 million.	17/23/17	CI
Viridor Extends Offer Period for Quantafuel Acquisition	30/23/30	MT
Quantafuel Says Takeover Offer by Viridor Secures UK Regulatory Approval	14/23/14	MT
Quantafuel ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022	28/23/28	CI
Transcript : Quantafuel ASA, Q4 2022 Earnings Call, Feb 28, 2023	28/23/28
Viridor Limited made an offer to acquire Quantafuel ASA (OB:QFUEL) BASF SE, KIRKBI A/S and others for NOK1.05 billion.	28/23/28	CI

Quantafuel ASA is a Norway-based recycling company, that converts post-consumer plastic waste back into low-carbon synthetic oil products replacing virgin oil products in the production of new plastics, as well as development and operation in related services. The Company establishes, operates and owns dedicated Plastic-to-Liquid (PtL) plants and plastic sorting facilities. Quantafuel has two plants in operation: Skive (Denmark) for chemical recycling and Kristiansund (Norway) for combined mechanical and chemical recycling. The Company is focused on building a circular economy for plastics that increases resource utilization and reduces emissions.

Sector

Renewable Fuels

Calendar

29/08/2024 - Q2 2024 Earnings Release (Projected)

More about the company