NetworkNewsBreaks – FuelPositive Corporation (TS
Post# of 102
(Total Views: 89)
Posted On: 10/14/2022 4:01:06 PM
NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Seeing Strong Interest in Its Green Ammonia System
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) has been working to bring to market its on-site, containerized green ammonia production system. “FuelPositive’s product development program has remained largely on course, with build-out and validation of the hydrogen separator and nitrogen extractor, which make up 60% of the system, having been completed ahead of schedule. However, in acknowledging supply chain challenges that have delayed the build-out and validation of the patent-pending ammonia synthesis convertor that makes up the remaining 40%, FuelPositive now expects to finish validating the demonstration unit of the system in November 2022, a slight deferral from its earlier projection of late summer 2022. Even so, this delay comes amid positive news that the early validation of the hydrogen separator and nitrogen extractor yielded results that surpassed expectations, giving FuelPositive the confidence to begin accepting pre-sale applications from farmers at a price of CA$950,000,” a recent article reads. “A few weeks since, the company is already seeing strong interest from farmers around the world and has termed the demand as encouraging. ‘The level of interest in pre-sales serves as a strong indicator of demand…,’ said Derek Boudreau, the strategic advisor for agricultural implementation at FuelPositive.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) has been working to bring to market its on-site, containerized green ammonia production system. “FuelPositive’s product development program has remained largely on course, with build-out and validation of the hydrogen separator and nitrogen extractor, which make up 60% of the system, having been completed ahead of schedule. However, in acknowledging supply chain challenges that have delayed the build-out and validation of the patent-pending ammonia synthesis convertor that makes up the remaining 40%, FuelPositive now expects to finish validating the demonstration unit of the system in November 2022, a slight deferral from its earlier projection of late summer 2022. Even so, this delay comes amid positive news that the early validation of the hydrogen separator and nitrogen extractor yielded results that surpassed expectations, giving FuelPositive the confidence to begin accepting pre-sale applications from farmers at a price of CA$950,000,” a recent article reads. “A few weeks since, the company is already seeing strong interest from farmers around the world and has termed the demand as encouraging. ‘The level of interest in pre-sales serves as a strong indicator of demand…,’ said Derek Boudreau, the strategic advisor for agricultural implementation at FuelPositive.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)