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Press Release 2023-11-29

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  • Press Release 2023-11-29

BPC secures order from multinational oil and gas company for biogas production

WED, NOV 29, 2023 16:10 CET

BPC Instruments AB (“BPC” or the “Company”), proudly announces a purchase order from the California-based branch of a prominent multinational oil and gas company. The order encompasses delivery of two comprehensive AMPTS® III systems and two BPC® Bioreactors CSTR-10S, with a total order value exceeding 82,000 USD. These instruments will serve as crucial analytical tools, supporting the rapid business development of renewable natural gas in North America. The revenue generated from the order is anticipated to be included in the fourth quarter of this year.

 

CEO Dr. Jing Liu comments:

“I’m thrilled to witness an increasing number of multinational petroleum companies expand and accelerate the growth of their strategic bioenergy business through acquisitions and increased investments in expanding their presence in the biogas industry. I’m also particularly proud to receive this first order from this multinational oil and gas company as it serves as an exemplary case for other significant industrial clients considering investments and contributions in biogas and biomethane production. This order also demonstrates the increased interest that our next-generation instruments are receiving as AMPTS® III was launched eight months ago. The order further underscores the critical role of feedstock quality control and process optimization of biogas production, affirming the effectiveness of BPC’s full analytical solution offering in the biogas and biomethane sector.”

 

This information is information that BPC Instruments is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 2023-11-29.

For more information, please contact:

BPC Instruments AB

Dr. Jing Liu, CEO

Tel: +46 (0) 46 16 39 51

E-mail: ir@bpcinstruments.com

About BPC Instruments AB

BPC Instruments is a global Swedish-based pioneering technology company developing and offering analytical instruments enabling more efficient, reliable, and higher quality research and analysis for industries in renewable bioenergy and environmental biotechnology. The result is not only higher accuracy and precision but also a significant reduction in time consumption and labor requirements for performing analysis. BPC Instruments’ innovative products offer high-quality hardware and software based on deep knowledge and experience of target applications. The solutions are the first of their kind, making the company a pioneer in its field. Today, BPC Instruments exports to nearly 70 countries around the world. BPC is listed on the Spotlight Stock Market in Sweden. For more information, please visit BPC’s webpage: www.bpcinstruments.com