Ceramic Fuel Cells transfers UK plant
16 Oct 2012
London - Ceramic Fuel Cells Ltd, a developer of generators which use fuel cell technology to convert natural gas into electricity and heat, has secured a “long-term project” for its powder plant in the UK.
The company has signed an agreement with an unnamed ceramics and speciality chemicals multinational, which will use the plant to develop ceramic powder products. The powder plant equipment and CFCL operational staff at the plant will transfer to the project on a full-time basis.
To cover the operating costs of the plant and related staff, CFCL will receive a fee of £450,000 for the 12-month project. The deal also includes an option for the customer to purchase the plant and licence the related intellectual property for a pre-agreed price.
The plant, in Bromborough, UK, uses Ceramic Fuel Cells’ patented equipment to make nano-size ceramic powders which can be used in a range of applications and products.
For commercial reasons the identity of the customer and the purchase price are confidential CFCL said.
Ceramic Fuel Cells has sold its BlueGen gas-to-electricity generator to major utilities and other foundation customers in Germany, the UK, Switzerland, The Netherlands, Italy, Japan, Australia, and the US.
The AIM-listed company is also developing fully integrated power and heating products with E.ON in the UK, GdF Suez in France and EWE in Germany.
