NEWS

Vow ASA, through its subsidiary Scanship AS, has been awarded with a contract decision to provide a Biogreen system for biochar production in the NSR (Nordvästra Skånes Renhållnings AB) facilities in Helsingborg. NSR is a leading recycling company in Sweden whose objective is to handle and recycle waste in the best possible way regarding environmental, technical and financial aspects, and create a long term sustainable and environmentally compatible society. as a result of the carried procurement process, NSR has selected Scanship AS as the most advantageous proposition to deliver the turnkey biochar production facility that will contribute the company objectives. The project will be first of its kind example of the sustainable management of biomass residues and demonstrates a great perspective for the biochar as carbon neutral and climate friendly commodity for Scandinavian market. The total project value is SEK 20.8 mill and the plant is intended to be installed within 12 months from the contract signature.

Henrik Badin - CEO Vow ASA Tel: +47 90 78 98 25 Email: henrik.badin@vowasa.com (henrik.badin@vowasa.com)

About Vow ASA In Vow and our subsidiaries Scanship and Etia we are passionate about preventing pollution. Our world leading solutions convert biomass and waste into valuable resources and generate clean energy for a wide range of industries.

Cruise ships on every ocean have Vow technology inside which processes waste and purifies wastewater. Fish farmers are adopting similar solutions, and public utilities and industries use our solutions for sludge processing, waste management and biogas production on land.

Our ambitions go further than this. With our advanced technologies and solutions, we turn waste into biogenetic fuels to help decarbonize industry and convert plastic waste into fuel, clean energy and high-value pyro carbon.

Our solutions are scalable, standardized, patented and thoroughly documented, and our capability to deliver is well proven. They are key to end waste and stop pollution.

Located in Oslo, the parent company Vow ASA is listed on the Oslo Stock Exchange (ticker SSHIP, VOW from 13 January 2020). In 2018 the Vow group had annual revenues of NOK 430 million and 120 employees in Norway, France, Poland and the US.