Pacific Green executes USD$9.24M agreement to install its ENVI-Marine™ System on three vessels owned by Landbridge Group

SAN JOSE, CA / ACCESSWIRE / November 1st, 2018 / Pacific Green Technologies Inc. (PGT) (OTCQB: PGTK), owner of the ENVI-Marine™ Exhaust Gas Scrubbing System, is pleased to announce that its wholly owned subsidiary, Pacific Green Marine Technologies Inc. (PGMT), has executed an agreement to manufacture and install its ENVI-Marine™ System on three VLCC type vessels owned by Landbridge Group Co. Ltd.

PGT’s JV partner, PowerChina SPEM Company Limited, will manufacture the System at one of its factories in Wuxi, China with installation at a yard in the Shanghai, China area between July and September 2019 in advance of the IMO legislations for sulphur emissions standards to come into force on 1 January 2020.

About Landbridge Group Co. Ltd.
Landbridge Group is a diverse company, specialising in the infrastructure, energy, port logistics and petrochemical industries.

For more information, visit Landbridge Group’s website:
http://www.landbridge.com

About POWERCHINA SPEM Co. Ltd
POWERCHINA SPEM is a subsidiary of POWERCHINA, the largest power equipment manufacturer in the PRC and owned by the Chinese Government. With abundant resources, expertise, strong manufacturing capacity, domestic sales channels and rich experience, POWERCHINA SPEM is in a strong position to deploy PGT technology throughout China.