AFC Energy Plc Selection of Flow Plate Mass Manufacturer
March 19 2019 - 2:02AM
RNS Non-Regulatory
TIDMAFC
AFC Energy Plc
19 March 2019
19 March 2019
AFC Energy PLC
("AFC Energy" or the "Company")
AFC Energy Selects Advanced Plastics as Preferred Tenderer for
Fuel Cell Flow Plate Mass Manufacture
AFC Energy (AIM: AFC), the leading alkaline fuel cell power
company, today announces the selection of UK based Advanced
Plastics Ltd as Preferred Tenderer in the mass manufacture of flow
plates for use within the Company's proprietary alkaline fuel cell
system.
Following a global tender, Advanced Plastics Ltd presented a
very strong technical proposal which demonstrated innovation in the
mass manufacturing process at a price point which was most
competitive amongst its peers.
Finalisation of the flow plate design, necessary to regulate the
flow of gases and liquids within the AFC Energy fuel cell system,
follows months of computational fluid dynamics modelling and
validation testing at the Company's Surrey offices. The next step
is to integrate the AFC Energy design work into a mass
manufacturable product and to work with a partner to bring their
own expertise and capability to the final flow plate
deliverable.
Advanced Plastics provide a diverse range of technical injection
moulded products for blue chip clients across a range of market
sectors and are an ideal UK based partner to support AFC Energy's
commercialisation efforts.
Adam Bond, Chief Executive Officer at AFC Energy, said "We are
pleased to be working with a local partner in the mass manufacture
of a key component of our fuel cell system. The innovation and
expertise Advanced Plastics bring to the table have allowed us to
further enhance our plate design making the process of mass
manufacture all the more achievable in meeting our expected needs.
We look forward to working with Advanced Plastics as a new key
supplier to AFC Energy's fuel cell system."
Chris Pearson, Joint Managing Director and Shareholder of
Advanced Plastics Ltd said "Since first meeting representatives of
AFC Energy on our stand at Interplas in September 2017 we have
applied our design, materials and manufacturing knowledge to
progress from a solid concept to producing physical samples of a
production feasible design. We are now delighted to be in the
running for the next phase of the project which will see us utilise
2K injection moulding and linear vibration welding to produce this
important element of the fuel cell system, taking us into an
exciting new market sector."
For further information, please contact:AFC Energy plc
Adam Bond (Chief Executive Officer) +44 (0) 20 3697 1209
Cantor Fitzgerald Europe - Nominated Adviser and Joint Broker
David Foreman
Richard Salmond +44 (0) 20 7894 7000
M C Peat & Co LLP - Joint Broker
Charlie Peat +44 (0) 20 7104 2334
TUVA Partners - Public Relations
James Kennedy +44 (0) 7809 495 759
About AFC Energy
AFC Energy plc is commercialising a scalable alkaline fuel cell
system, to provide clean electricity for on and off grid
applications. The technology, pioneered over the past ten years in
the UK, is in the process of being deployed in industrial gas
plants for grid generation, as an alternative to diesel generators
for localised power, in energy storage systems and as the power
source for local electricity needs.
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END
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