PowerHouse Energy Group PLC (LON:PHE) has been invited to engage in “advanced commercial discussions” over its waste-to-hydrogen DMG technology with Toyota Tsusho – a trading subsidiary of the Japanese conglomerate, Toyota Group. CEO Keith Allaun can barely conceal his excitement as he tells Proactive London about the company-transforming potential of the forthcoming negotiations in early December for PowerHouse in Japan. AIM-quoted PowerHouse said Toyota Tsusho had carried out an “extensive review” of the DMG technology, which converts plastic and tyre residue into syngas that can be converted easily into hydrogen to power buses, lorries or cars using a fuel cell.
Powerhouse in partnership talks with Toyota Tsusho in Japan
Quick facts: Powerhouse Energy Group PLC
Price: 1.12 GBX
Market Cap: £22.95 m
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