Circa Commissions Technip Energies for ReSolute Next-Stage Engineering

08 Jun 2021 07:55 CEST

Company Name

CIRCA GROUP AS

ISIN

NO0010917594

Market

Euronext Growth

Symbol

CIRCA

CIRCA COMMISSIONS TECHNIP ENERGIES FOR RESOLUTE NEXT-STAGE ENGINEERING

OSLO, NORWAY – 8 June 2021 – Sustainable biochemicals company Circa Group AS
(Euronext Growth Oslo: CIRCA) has engaged Technip Energies, a leading
Engineering & Technology contractor, to conduct pre-EPC phase engineering work
as the next step in the execution stage of the ReSolute project.

The contract with Technip Energies deliberately overlaps the basic engineering
design stage currently managed by Wood Consulting and has the main objectives
of:
(i) maintaining the project schedule as the project starts early stage
engineering
(ii) construction activities on site, specifically those of site preparation,
and readiness of buildings. It also allows for a head start of detail
engineering and ordering of long lead items (LLIs).

Dr Ebbe Dommisse, Circa Chief Operations Officer commented, “The agreement with
Technip Energies is another major milestone in the construction of the ReSolute
plant. With the ongoing concerns over the impact of Covid-19, the contract
specifically has been designed to bring forward a number of activities that will
deliver potential time savings should the virus impact the project in the
future.”

Pierre Pettex, Commercial Director, Sustainable Chemistry & Biofuels, Technip
Energies stated, “Technip Energies is pleased and proud to have been chosen by
Circa for this stage of the ReSolute project. Technip Energies has the skills
and resources to immediately engage on the project and we look forward to
delivering a successful outcome for Circa.”


About Circa
Established in 2006, Circa Group converts waste, non-food biomass into advanced
bio-based chemicals with its proprietary Furacell™ process. Its developing
product portfolio includes flavours, biopolymers, and bio-solvents including
Cyrene™, an alternative to traditional polar aprotic solvents, which is produced
in one step from platform biomolecule Levoglucosenone. By creating renewable
chemicals from cellulose, Circa is extracting value from non-food, waste biomass
and addressing a gap in the market by providing bio-based alternatives
contributing to a more circular economy. In March 2021, Circa Group successfully
listed on the Euronext Growth Market in Oslo, stock symbol CIRCA.
www.circagroup.com.au


Media Contact
Kathryn Sheridan
Sustainability Consult
ks@sustainabilityconsult.com
www.sustainabilityconsult.com


Quelle

Circa Group AS

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