Advancing Green Technology through Industrialisation

Advancing Green Technology through Industrialisation
Nearly a year ago, Nexergy embarked on a strategic shift in its core mission. Initially focused on investing in green technology to support its transition from concept to reality, Nexergy took a decisive step further—committing to the commercial rollout of these technologies. The first major pivot in this effort is the development of CASO production sites within the UK market. From the outset, Nexergy identified a promising site in the north of England as the intended location for its first CASO production facility. Over the past year, the company has evaluated multiple locations and is now actively working on several prospective sites. While some of these will take years to complete, others are progressing at a much faster pace. Nexergy remains steadfast in its objective of establishing its first operational production site by 2025, with further updates on this progress to follow soon. The enthusiasm within both Cassandra and Nexergy has never been stronger. In the last few days, Nexergy’s core team travelled to the north of England to visit one of the potential sites, which is under final consideration to become the company’s inaugural production facility. This visit also provided an opportunity to engage with key stakeholders who will be instrumental in scaling operations from a single key site to multiple locations.

Quote from Managing Director Jason Turner regarding the visit and site development

“The visit to our shortlisted site reinforced our confidence in the project’s trajectory. Seeing the site firsthand and discussing plans with stakeholders has reaffirmed our commitment to establishing Nexergy’s first operational CASO production facility. This marks an essential milestone in our commercial rollout strategy, and we are focused on progressing towards mobilisation with pace and precision.” In parallel with site development, Nexergy is strengthening its organisational structure with key appointments. The company is in the final stages of onboarding an experienced Financial Director and a Head of Engineering, both of whom will be formally announced before the end of February. These strategic hires are essential to ensuring the continued corporate development and operational success of the production site mobilisation. Nexergy remains committed to delivering value to its shareholders and investors. Achieving stable market positioning and ensuring strong financial returns necessitate the development of a robust and scalable production network. Establishing and operationalising CASO production sites is firmly Nexergy’s top priority.
Quote from Non-Executive Chair Ian Tordoff regarding newrecruitments and Nexergy’s journey
“We are delighted with our two new appointments and are confident that each will make a significant contribution to achieving the annual targets the business has set for itself. We look forward to welcoming them to the team.” “As a new business in a turbulent global economy, we have three primary goals: to rapidly secure sites and begin production as soon as possible, to profitably sell our product, and to return value to our shareholders. At the same time, we remain committed to addressing plastic waste and advancing the circular economy. Nexergy is positioned to make a real impact by delivering sustainable solutions while ensuring commercial viability.”
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