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PowerHouse’s DMG project making leaps towards commercialisation

The invitation to talks came after the Toyota Tsusho’s Chemical Business Development Division’s extensive review following PowerHouse receiving its “Statement of Feasibility”.

PowerHouse’s hydrogen production project attained the independent “Statement of Feasibility” in October for a full-scale commercial engineering design for its DMG project.

The Statement of Feasibility confirms that the DMG technology is able to thermally convert waste plastic and end of use tyres into high purity hydrogen and energy.

 

PowerHouse Energy (LON:PHE) has developed a proprietary process technology called DMG® which can use waste plastic end-of-life-tyres and other waste streams to convert them into cost efficient energy in the form of electricity and ultra clean hydrogen gas fuel for use in cars and commercial vehicles (FCEV: Fuel Cell Electric Vehicles) and other industrial uses. The PowerHouse technology is the world’s first proven, modular hydrogen from waste (HfW) process.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.