Absolent Group's subsidiary Absolent AB wins another large order in China

Absolent AB has over the past year been awarded several major projects in China. We have now received another order worth over 13MSEK to a German car manufacturer for one of their Chinese plants. We are very pleased to see repeated confidence from our customers in our application know how, technology leadership and high performing team.

In close collaboration with the customer, Absolent has designed, produced and installed a system for managing heavy oil smoke from the manufacturing processes. The system is built for low maintenance, low energy consumption and a particle reduction of 99,97%.

"We are excited to work with a customer that take a clear stand against climate change and the health issues caused by air pollution. To start a system design discussion with a zero emission and minimum energy consumption focus is inspiring. To go from there to a close design collaboration to find the right solution is rewarding for our team and fits perfectly with the values we stand for. We are proud to support our customer in their sustainability journey and look forward to engaging in the next project together, comments Andreas Johansson, President APAC at Absolent AB.

The project will be completed in the second half of 2019.

2019-05-17

Contact:

Axel Berntsson, CEO Absolent Group, +46 510 48 40 00

The Absolent Group share is traded on Nasdaq First North. Company Certified Advisor is Erik Penser Bank AB. Tel +46 8-463 83 00. E-mail: [email protected]


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Marknad Nasdaq First North Growth Market Kortnamn ABSO ISIN-kod SE0006256558 Certified Adviser Carnegie Investment Bank