TIDMSNT
Sabien Technology Group PLC
17 October 2022
REACH
17 October 2022
Sabien Technology Group plc
("Sabien", the "Company" or the "Group")
Update on the International Environmental Trade Summit
Sabien Technology Group plc (AIM:SNT), the company focused on a
green aggregation strategy, provides an update on the event to be
held on Monday 24 October 2022 in Westminster, London.
The International Environmental Trade Summit ("the Summit") will
bring together representatives from a range of countries,
companies, and commitments. It will highlight the opportunity to
think and act differently when assessing the apparent contradiction
between economic development and environmental protection.
On behalf of the host Richard Parris, Chairman of Sabien
Technology Group plc, keynote speaker HRH Queen Diambi Kabatusuila
of the Congo, technology provider City Oil Field, Inc of South
Korea, and the Korean Environmental Corporation, the Summit
cordially invites interested parties to participate in this
important event which will be held at One Birdcage Walk at 2pm on
24(th) October 2022.
The event will be the launch of a global initiative: leveraging
UK trade and engineering expertise, Korean technology, and
international partnership in order to generate sustainable economic
growth.
It will focus on three critical and topical areas, each of which
can be addressed by the conversion of the large and growing global
reservoir of plastic waste into high quality fuel oil and feedstock
for new plastic production.
Thematically, the conference agenda will adhere to a pragmatic
programme which will enable:
-- Better planet - reducing the need for the primary extraction
of fossil fuels, thereby assisting the transition to net-zero and
the stimulation local economies
-- Cleaner planet - eliminating plastic pollution from land and
sea through the use of emission-free technology specifically
designed to support a circular economy
-- Secure planet - supporting energy security through the
secondary extraction of oil from existing waste, reducing
dependency on Russia and OPEC for the provision of hydrocarbon
based fuels and plastics
This represents a compelling program; the creation of a global
enterprise committed to plastic-to-oil recycling, ESG compliant
processes, and secure investment opportunities for local and global
funds. It will disrupt and improve the fragmented global waste
management industry through business innovation and trusted UK
legal and ethical frameworks. It will establish and support new
technology manufacturing industry in the UK.
Centrally, the program will achieve these goals through
partnership with a community of nations, working towards a common
good.
A direct local UK benefit is a significant contribution to UK
energy security as an alternative or addition to fracking - 12.5%
of UK plastic waste would offset 12.5% of Russian diesel imports. A
secondary benefit is the use of the City Oil Field process as a
means to store surplus renewable energy in the form of chemical
energy for later use in transportation - a hydrocarbon storage
battery for wind, solar and nuclear energy. This is pragmatic
energy security in action not just in theory.
The Summit agenda will comprise:
1. A call for action to save the world from plastic pollution by
HRH Queen Diambi of the Congo, a representative of more than 90
million people, indigenous to Africa and Brazil, and an
international advocate for environmental change and
sustainability
2. The role of Korean technology in enabling the capability and
the rapid deployment of this solution in economic proximity to both
source and use
3. How Sabien Technology Group plc proposes to provide an
integrated global platform to deliver a solution across multiple
nations
Locally, Sabien has targeted specific UK sites for initial
deployments and has expressions of interest from Canada, the East
Africa Federation, Finland, Greece, Ireland, Japan, Malaysia,
Turkey, UAE, USA for additional installations. An SPV, b.grn Group
Ltd, has been established to roll out these deployments across
multiple countries and an investment term sheet is available for
inspection.
The Summit represents a clear coincidence of needs and wants.
The global community needs to address the accelerating problem of
plastic waste and it wants to do so in a manner which does not
conflict with economic stability.
By raising awareness of a possible solution, Sabien and its
partners have a clear opportunity to establish international
leadership while further partnering with nations and supranational
bodies, all committed to the same goal.
Investors, and other stakeholders, are invited to contact Sabien
at events@sabien.com, to secure their place at this rescheduled
event.
Richard Parris, Chairman of Sabien, commented:
"I urge you to attend this landmark event if, like me, you are
passionate about delivering positive environmental impact through
international collaboration, innovative engineering and ESG
investment. This programme will, I believe, deliver a step change
for Sabien investors, provide compelling returns for prospective
b.grn funders and contribute to a better, cleaner, more secure
planet."
For Further Information:
Sabien Technology Group plc +44 20 7993 3700
Richard Parris, Executive Chairman Scott.fulton@sabien.com
Scott Fulton, Investor Relations
Allenby Capital Limited (Nominated
Adviser)
John Depasquale / Nick Harriss /
Vivek Bhardwaj +44 203 328 5656
Peterhouse Capital Limited (Broker)
Duncan Vasey / Lucy Williams +44 207 469 0930
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