Memorandum of Understanding

Memorandum of Understanding

The Directors of Sustainable Eco Energy Management Ltd., (“SEEM”) are delighted to announce that the Company has executed a Memorandum of Understanding (MoU) for a strategic partnership with Angkor Thom Development Infinity Group Co. LTD., (“ATDI”) with headquarters in Phnom Penh, Kingdom of Cambodia, to deliver waste treatment projects in Cambodia, commencing with a bio-waste to SEEfuel project, in the port city Sihanoukville.

This project is currently proposed as a 250MT./d waste water sludge to SEEfuel plant, which will source feedstock from the city’s waste-water treatment facility and will supply SEEfuel to the 2 existing coal fired power plants outside the City.  The managements of both SEEM and ATDI regard this project as particularly compelling, since currently the 2 power plants burn imported coal and do not currently mitigate their emissions. The availability of SEEfuel will not only responsibly treat hazardous waste water sludge, but will also provide significant SO2 emission mitigation and reduce the consumption of imported coal.

Chairman & CEO, SEEM, Michael Burton-Prateley commented:

“There are significant opportunities for SEEM in Cambodia, not only for the conversion of waste water sludge and other bio-organic waste, utilizing our core technology, but also projects for the treatment of other hazardous waste, for example electronic waste, involving the pyrolysis technology, which the company has secured.

As Cambodia expands its renewable power generation capacity, there will be potential for SEEM to offer simple, low-cost, rugged energy storage solutions, particularly in the more remote parts of the country.”

Rathan Thorng, Director, ATDI said:

“We are pleased to have partnered with SEEM, to deliver important solutions to the issues facing the waste sector in Cambodia. The Government is fully behind the delivery of real solutions which benefit the health, well-being and security of the people of Cambodia.”

Leave a Reply

Your email address will not be published.