Energy and environmental technology group Opcon AB (publ) has received an order
for its state-of the art Waste Heat Recovery technology Opcon Powerbox from its
strategic partner Fujian Snowman Co. Ltd., Fuzhou, Fujian, China. The order is
for one Opcon Powerbox ORC and one Opcon Powerbox WST to be delivered for
operation in China.
Opcon Powerbox produces carbon-free electricity from waste heat at temperatures
as low as 55°C and can be installed in large process-industry plants, power
stations or in its marine version onboard larger ships. By utilizing waste heat,
electricity is produced from a source that would otherwise go to waste.
The order placed by Snowman is part of Opcon’s and Snowman’s joint effort to
introduce the technology on the Chinese market and will help reduce time to
market for the Joint Venture the parties are now working on setting up together.
“Waste Heat Recovery is a great opportunity for a solution to a global problem
and one of the most promising venues for energy efficiency and reducing
emissions. We believe China will be the most interesting market for Waste Heat
Recovery technology for a foreseeable future, says Rolf Hasselström, CEO of
“With this order Snowman and Opcon is showing our commitment to our plans for
the Joint Venture. By combining Opcon’s state-of-the-art technology and know-how
with Snowman’s high quality low-cost manufacturing and local market presence we
aim to create a strong player that can make the Opcon Powerbox an economic and
environmental success in China, says Rolf Hasselström, CEO of Opcon AB.”
Fuijan Snowman Co. Ltd was founded in 2000 and is listed on the Shenzen stock
exchange. The Group has around 700 employees. Snowman is one of China’s major
actors in industrial refrigeration. Marketing of its goods and services is
primarily done through the brands Snowkey and RefComp.
For further information, please contact
Niklas Johansson, vice president, Investor Relations, Opcon AB, tel. 46 8-466 45
00, 46-70-592 54 53
Opcon AB, Box 15085, 104 65 Stockholm, Sweden
Tel. 46 8-466 45 00, fax 46 8-716 76 61
The Opcon Group
Opcon is an energy and environmental technology Group that develops, produces
and markets systems and products for eco-friendly, efficient and resource
-effective use of energy.
Opcon has activities in Sweden, Germany and the UK. There are around 150
employees. The company’s shares are listed on Nasdaq OMX Stockholm. The Group
comprises one business area:
Renewable Energy focuses on the following areas: compressor technology,
electricity generation based on waste heat, bioenergy-powered heating and CHP
plants, pellets plants, handling systems for biomass, sludge, recycling
industry and natural gas, industrial cooling, flue gas condensation, treatment
of flue gases and air systems for fuel cells.
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