A.H.T Syngas Technology N.V.: Second Agreement for Japanese Roll-Out

A.H.T. Syngas Technology N.V. has signed a Memorandum of Understanding (MoU) to cooperate with Showa Shell Sekiyu K.K., a Japanese Royal Dutch Shell group company, on the study of the development of the Japanese market for advanced gasification technology projects.

Our operating partner in the MoU study is KCE - Kesennuma Regional Energy Development Co. Ltd. A.H.T. Syngas Technology N.V. is a turnkey contractor for KCE, which owns and operates a AHT gasification plant successfully in the city of Kesennuma on the northern shoreline of the main island Honshu.

AHT, as the German partner in the MoU study, is intended to deliver modern gasification plants based on the proven twin fire technology within a medium size class ranging from 200 Kilowatt to 10 Megawatt. Showa Shell under this MoU is studying how the market demand for electric and thermal energy can be viably served, based on renewable feedstock which is available decentralized and locally, avoiding central nuclear and fossil sources. The results of the MOU study by AHT, Showa Shell Sekiyu, and KCE are expected in August 2016.

"We are enthusiastic about the opportunities for our company in this region. Japan is an ideal market for a larger scale rollout of our technology. We are taking advantage of the high cost efficiency Japanese clients can generate with partners out of the Eurozone." Explains Gero Ferges, CEO of AHT Syngas N.V.

The MoU was signed 06. July 2016 in Tokyo.

Showa Shell Sekiyu is listed in Germany at all major stock exchanges under WKN: 858088 / ISIN: JP3366800005; http://www.showa-shell.co.jp/english/ profile/overview.html

A.H.T. Syngas Technology is listed in Frankfurt and Hamburg under WKN: A12AGY / ISIN: NL0010872388; www.aht-syngas.com

Corporate News on AHT homepage 17 March 2016:

During this memorable Friday, another A.H.T.'s gas and power generation plant experienced its official grand opening in Kesennuma, a town located at the North Pacific shoreline in the Northern part of Japan's main island, Honshu. With a capacity of 800 kWel, the plant utilises wood remains from the surrounding forestry and is able to support 1,500 households with electricity and two hotels with heat. The plant already proved its performance of so far 8,000 hours in operation.

After the Tsunami hit Japans Pacific shoreline in 2011, Mr Takahashi, owner and operator of the plant, followed his goal towards a decentralised and independent sustainable power supply for his home town - which now became reality. As member of the local reconstruction committee, he initiated Japan's only functioning biomass-to-energy plant of that size based on the efficient and proven A.H.T. twin-fire technology. Not only the environmentally friendly power generation, but also the diversification of the local economy contributes to the success and the opportunities deriving from sustainable power and heat generation: Kesennuma's economy bases largely on fishery that declined during the 2011 event and now experiences a growth by the activities of a sustainable forest management and logistics to supply the plant with the required input material.

The event was attended by the mayor of Kesennuma, alongside with members of the prefecture's local government and major companies active in the fields of sustainable power generation.

"This gas, heat and power generating plant serves as a role model for the region - not only demonstrating A.H.T.'s competence in clean gas and power generation solutions but also shows the economic and social implications, decentralised power generation bears", stated Mr Gero Ferges, CEO of A.H.T. Syngas N.V. and Mr Takahashi.

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