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Sabien Technology ( (GB:SNT) ) has provided an announcement.
Sabien Technology Group plc, a leader in energy reduction technologies, has announced a significant development in its U.S. waste plastics to oil project. The company has been approved to deploy its City Oil Field technology in Phoenix, Arizona, as part of a broader initiative to transform waste into sustainable oil products with zero emissions. This project aligns with Phoenix’s Resource Innovation Campus goals and the city’s 2030 and 2050 waste diversion targets. The initiative presents new opportunities for Sabien, as it positions the company to leverage municipal waste streams for recycling, thereby advancing its mission of achieving profitability while contributing to environmental sustainability.
More about Sabien Technology
Sabien Technology Group plc provides energy reduction solutions designed to help businesses achieve their sustainability goals, with a particular focus on reducing energy consumption and carbon emissions.
YTD Price Performance: 7.89%
Average Trading Volume: 64,394
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.42M
For detailed information about SNT stock, go to TipRanks’ Stock Analysis page.
