Teesside cleantech firm branches out with first international contract
A North East cleantech company has signed its first international contract.
Teesside-based Nova Pangaea Technologies, which converts unwanted plant biomass into natural platform chemicals and biofuels, has signed a partnership contract with Pakistan-based industrial and investment conglomerate, JS Group.
This marks Nova’s first international contract, as it expands its business overseas, and allows JS Group to use the company’s technology for turning sugar cane bagasse into sugars.
Steve Smith, director at JS Group, commented: “We’re very pleased to be working with Nova Pangaea Technologies and its exciting solution to directly address the serious problem of what to do with sugar cane bagasse.
“This material is a by-product of the sugar cane industry that is both plentiful and difficult to dispose of.
“NPT has found a revolutionary process to turn this plant by-product into valuable sugars and chemicals.”
Sarah Ellerby, CEO at Nova Pangaea Technologies said: “We are excited to partner with JS Group as part of our accelerated international commercial strategy.
“We will start to deliver the design package work this month which is due to be completed by the end of the year.
“We are pleased to offer a sustainable and financially rewarding solution to Pakistan’s sugar industry for their bagasse.”
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