Ace1Tech Obtains Comprehensive Waste Recycling License... Hydrogen Business Accelerates

Ace1Tech, a leading company in the carbon-neutral hydrogen economy (CEO Kim Jisoo), announced on the 30th that it has obtained the 'Comprehensive Waste Recycling Business Permit' to fully launch its 'HR System' business.

Ace1Tech is a strong small and medium enterprise leading the conversion of waste resources into hydrogen energy through its 'HR System (Hydrogen Reactor System)' technology. The 'HR System' is a technology that produces hydrogen by utilizing waste materials such as waste plastics and waste synthetic resins as raw materials, undergoing high-temperature pyrolysis (1300~1500°C), synthesis gas (65% hydrogen, 35% carbon monoxide) production, hydrogen extraction, and a reforming process of synthesis gas. The company obtained this permit to fully launch the 'HR System' business.

Regarding the acquisition of this permit, a company official explained, "With this permit, stable raw material supply for the 'HR System' using waste as raw material has become possible, and we plan to obtain permits for pyrolysis facilities (gasification) and install the 'HR System' equipment thereafter."

Ace1Tech plans to install a total of 30 tons of 'HR System' equipment on the waste comprehensive recycling business site in Pyeongtaek, which it previously acquired, aiming for completion within the second half of this year. The company plans to lead the activation of the hydrogen economy by discussing equipment utilization with LG Chem, Samchully Group, and KEPCO affiliate JBC, with whom it has established existing partnerships.

Kim Jisoo, CEO of Ace1Tech, stated, "With the recent enforcement of the revised Hydrogen Act and the opening of the hydrogen power generation bidding market, the 'HR System' is expected to receive more attention. Ace1Tech will do its best to establish itself as an ESG company that realizes true upcycling beyond simple recycling."

This content was produced with the assistance of AI translation services.