Summary
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FORG Profile
| Machinery Industry | Industrials Sector | Mr. David Lawrence Palumbo CEO | LSE Exchange | - ISIN |
| Ireland Country | 28 Employees | - Last Dividend | 19 Dec 2023 Last Split | - IPO Date |
Overview
EQTEC plc is an innovator in the field of energy technology, specializing in advanced gasification systems that convert various types of waste into energy. These waste sources include industrial, municipal, agricultural, and forestry by-products. The company's reach extends across multiple regions including the Republic of Ireland, the United Kingdom, the European Union, and the United States. Originally operating under the name REACT Energy plc, it underwent a rebranding to EQTEC plc in February 2017, marking a new phase in its mission. Founded in 1997 and headquartered in Cork, Ireland, EQTEC has positioned itself as a key player in providing sustainable energy solutions by transforming waste into valuable energy resources, thereby addressing waste management and energy production challenges simultaneously.
Products and Services
- Design and Engineering, Cost Estimation
EQTEC offers comprehensive services that cover the initial stages of a project, including design and engineering, as well as providing detailed cost estimations. These services ensure projects are both technically feasible and economically viable.
- Plant Commissioning, Performance Testing
The company supports its clients from the construction phase to the operational phase. This includes the essential services of plant commissioning and running performance tests to guarantee the system operates as intended.
- Operational Training and Support
EQTEC ensures that the staff of the operational plants are fully trained and capable of managing the operations efficiently. Ongoing support is also provided to address operational challenges and ensure smooth plant performance.
- Equipment Delivery Services
Services extend to equipment specification, contract manufacturing, quality assurance, and logistics handling, including on-site inspection and construction advisory. This comprehensive support ensures that all physical components meet the project's specifications and quality standards.
- Licensing and Support Services
EQTEC offers licensing of its proprietary technology alongside a package of support services. This includes the provision of intellectual property (IP) rights, data-based monitoring, ongoing operational training and support, and extended maintenance support. This comprehensive licensing package ensures clients not only gain access to EQTEC's groundbreaking technology but also receive the necessary guidance and support to maintain optimal operations over time.
