Saturday, 3 February 2024

HAZER'S COMMERCIAL DEMONSTRATION PLANT PRODUCES FIRST HYDROGEN AND GRAPHITE

KUALA LUMPUR, Feb 2 (Bernama) -- Hazer Group Ltd (Hazer), a clean-technology developer, has announced the start-up of its Commercial Demonstration Plant (CDP) as well as first production of hydrogen and graphite.

In a statement, the company said currently, it introduced feed gas to the reactor at Hazer process conditions and subsequently achieved first hydrogen and Hazer-produced graphite at the facility.

“This is a landmark achievement for Hazer, as we realise the successful start-up of our CDP and the production of low-cost, low-emissions hydrogen and graphitic carbon utilising our world-first pyrolysis technology.

“As the team strives towards extended continuous operation of the plant in 2024, we are excited to build on this momentum for the next scale-up of the technology with our global partners in key markets, including North America, Europe and Asia,” said Hazer Chief Executive Officer and Managing Director, Glenn Corrie.

Corrie also said this is an important juncture for Hazer commercialisation strategy as its pipeline of opportunities is growing and with CDP proving that the company’s technology can operate at commercial scale.

The company expects to ramp up operations through the first half of 2024, safely executing the performance testing programme to deliver data that demonstrates its commercial readiness.

The performance testing programme will focus on demonstrating continuous operation at a commercial scale and be leveraged into Hazer’s global commercial project portfolio, in which Hazer will provide updates as key results become available.

An Australian technology company, Hazer is driving global decarbonisation efforts with the commercialisation of the company’s disruptive world-leading climate-tech.

-- BERNAMA

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