Fintech PR
Metacon completes the 50 MW hydrogen project contract with Motor Oil Hellas by closing agreement for additional 20 MW capacity
STOCKHOLM, March 24, 2025 /PRNewswire/ — Metacon AB (publ) communicated 4 March 2025 that we had been appointed as supplier for an additional 20 MW hydrogen production unit for the Motor Oil (Hellas) Corinth Refineries S.A. (Motor Oil) planned 50 MW electrolysis plant in Corinth, Greece. The main contract package has now been finally signed by both parties. Assembly of the plant takes place in Metacon’s factory in Patras, Greece and and the majority of this add-on contract will be delivered in combination with the ongoing 30 MW project. When operational, the plant will be one of the biggest electrolysis-based hydrogen production plants in Europe to date.
The Motor Oil Group’s refinery, located in Ag. Theodoroi in Corinth is the largest private industrial complex in Greece and is considered one of the most modern refineries in Europe. Like the previously announced 30 MW contract, the additional 20 MW electrolysis units will be partly assembled in Metacon’s factory in Patras, Greece and Motor Oil will be responsible for on-site installation in Corinth, under the guidance and supervision of Metacon and PERIC. The project is also conducted in close collaboration with Metacon’s technology partner Siemens.
Motor Oil has communicated comprehensive plans for hydrogen in Greece. Besides the build-up of large-scale electrolysis-based production for ongoing and new operations, Motor Oil is championing an EU-supported Hydrogen Valley project as well as initiating build-up of hydrogen refueling stations in Greece.
Metacon is proud to support Motor Oil in their efforts and investments in fossil-free hydrogen as a way of upgrading operations and contributing to a more environmentally friendly society. The combined 50 MW contract with Motor Oil marks an important milestone in Metacon’s strategy towards enabling affordable large-scale industrial hydrogen production locally for our clients in Europe and beyond.
“I am pleased to be able to announce finalisation of this important contract with the refinery leader Motor Oil. The 50 MW hydrogen production plant in Corinth will be one of the largest in Europe,” commented Christer Wikner, CEO and President, Metacon.
For further information, please contact Christer Wikner, on 0707-647389 or e-mail info@metacon.com
This information is information that Metacon AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 24 Mar 2025 14:58 CET.
About Metacon AB (publ)
Metacon AB (publ) develops and manufactures energy systems to produce fossil-free “green” hydrogen. In the Electrolysis business unit and in close partnership with world leader PERIC Hydrogen Technologies, Handan, China, Metacon offers complete electrolysis plants for large-scale production of hydrogen. Metacon also offers production-integrated hydrogen refueling stations, a globally growing area within clean transport. The products in the Reforming business unit are based, among other things, on Metacon’s patented HIWAR® technology that generates hydrogen through catalytic steam reforming of biogas or other hydrocarbons such as bioethanol. The development of Metacon’s reforming products is carried out within the wholly owned subsidiary Metacon S.A. in Patras, Greece. The business is focused on catalytic process chemistry and advanced, compact reformers for high-efficiency hydrogen production. www.metacon.com
About Motor Oil (Hellas)
Motor Oil Group is a diversified and integrated energy provider in Southeastern Europe. Based in Greece it exports to over 70 countries. It has more than 100 individual companies and directly employs more than 4000 workers. More than 1,500 gas stations operate with the emblems of Motor Oil’s subsidiary companies, in Greece, as well as in foreign countries. The company plays a leading role in the sectors of crude oil refining – with one of the most complex refineries in Europe – as well as marketing of petroleum products The Group has also established significant presence within the power sector in Greece and the wider region. It generates sustainable and affordable power by operating a scaled and rapidly growing portfolio of renewable generation assets. It is also one of the leading suppliers of electricity, energy efficiency and electromobility services in Greece. It has also established a diversified circular economy platform, active across waste and wastewater management, biowaste collection, recycling, energy from waste and lubricants regeneration. https://www.moh.gr/
For further information please see:
www.metacon.com | X: @Metaconab | LinkedIn: www.linkedin.com/company/metaconab
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View original content:https://www.prnewswire.co.uk/news-releases/metacon-completes-the-50-mw-hydrogen-project-contract-with-motor-oil-hellas-by-closing-agreement-for-additional-20-mw-capacity-302409367.html
LONDON, March 27, 2025 /PRNewswire/ — DCM Corp Limited, a leading innovator in financial technology, proudly introduces DCM TRACE. This revolutionary platform integrates blockchain with banking systems to make government transactions transparent and easily trackable for taxpayers and officials.
A Clear Window into Public Spending
DCM TRACE provides citizens with real-time access to government financial data, enabling them to monitor the allocation of public funds – whether for schools, infrastructure, or social programs. By delivering live updates, the platform builds public trust, promotes accountability, and ensures taxpayer money is effectively used responsibly.
Bringing Smart Financial Oversight to the Public Sector
By harnessing blockchain’s decentralized ledger, DCM TRACE provides exceptional transparency and real-time auditing. This solution assists government agencies, financial institutions, and non-banking entities manage crucial financial transactions, such as budget transfers, social payments, and international remittances.
Key Benefits of DCM TRACE
- Unmatched Transparency – A public ledger providing real-time financial oversight.
- Full Traceability – Track every currency unit from sender to recipient with total clarity.
- Automated Auditing – Independent transaction verification without needing special permissions.
- Corruption Prevention – Open data removes opportunities for fraud and financial mismanagement.
Advanced Features for Better Oversight
- Automated Blockchain Data Collection – Real-time analysis ensures data integrity and prevents fraud.
- Advanced Analytics Dashboard – Interactive visual reports simplify financial monitoring.
- Flexible Fund Management – Assign and track accounts designated for specific programs.
- Deep-Dive Reporting – Generate in-depth insights to aid strategic financial decision-making.
Real-World Applications of DCM TRACE
- Public Budgets – Increasing transparency in government spending.
- Social Programs – Ensuring that aid and welfare payments reach the intended recipients.
- Project & Grant Funding – Monitoring financial flows for public and private initiatives.
- Cross-Border Transactions – Enhancing security and compliance for international payments.
Proven Success in Ukraine’s Transparent Network
DCM TRACE is already operational and ready to be used within Ukraine’s Transparent Network, a consortium of banks utilizing DCM’s technology for instant, account-to-account payments. This implementation strengthens financial oversight, simplifies monitoring, and delivers in-depth financial analytics.
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DCM TRACE establishes a new global financial transparency, security, and efficiency standard. Whether you’re a government agency, financial institution, or business, this platform provides a scalable and practical solution for enhanced financial control and trust.
Contact us today.
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DCM Corp Limited
https://dcm.systems
info@dcm.systems
LinkedIn: DCM Corp Limited
View original content:https://www.prnewswire.co.uk/news-releases/dcm-trace-empowering-taxpayers-through-real-time-tracking-of-government-spending-302412204.html
NEW YORK, March 27, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.
Kristen Scholer delivers the pre-market update on March 27th
- Stocks are little changed early Thursday after President Donald Trump announced 25 percent tariffs on foreign-made cars late Wednesday.
- Consumer confidence hit a 12-year low earlier this week, reflecting a more cautious outlook from the market.
- NYSE’s parent company Intercontinental Exchange announced today that it will explore using payments technology company Circle’s digital assets to develop products for customers.
Read the full announcement: ICE and Circle Sign MOU to Explore Product Innovation
Video – https://mma.prnewswire.com/media/2651837/NYSE_March_27_Market_Update.mp4
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View original content:https://www.prnewswire.co.uk/news-releases/nyse-content-advisory-pre-market-update–ice-to-explore-digital-asset-use-with-circle-302413188.html
VICTORIA, Seychelles, March 27, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, is pleased to announce the KiloEx (KILO) listing on March 27, 2025(UTC). To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 100,000 KILO & 175,000 USDT for new and existing users.
KiloEx (KILO) is a decentralized perpetual exchange that combines innovative peer-to-pool trading with advanced risk management features. The project aims to revolutionize derivatives trading by eliminating traditional order books and central intermediaries, creating a more efficient experience for both retail and institutional users. KILO, the platform’s native token, serves multiple purposes, including governance, staking rewards, and fee discounts within the ecosystem. It is also backed by Binance Labs, further strengthening its credibility and potential in the crypto space.
To celebrate the listing, MEXC has launched an exclusive Airdrop+ event with substantial rewards for participants:
Event Period: March 26, 2025, 12:00 (UTC) – April 06, 2025, 12:00 (UTC)
Benefit 1: Deposit and share 100,000 USDT bonus (New user exclusive)
Benefit 2: Spot Challenge — Trade to share 100,000 KILO (For all users)
Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share 25,000 USDT bonus (For all users)
MEXC has established itself as an industry leader by consistently providing users with early access to promising Web3 projects. In 2024, MEXC introduced 2,376 new tokens, with 1,716 of those being initial listings. According to the latest TokenInsight report, MEXC leads the industry with the highest number of spot listings at 461 and the fastest listing speed. Additionally, the exchange consistently adds new tokens in bi-weekly cycles, showcasing its exceptional ability to quickly capture market trends.
Looking ahead, MEXC will continue to enhance its platform by providing advantages such as low fees, deep liquidity, a wide selection of trending tokens, and daily airdrops, enabling traders to access high-potential projects early, receive generous rewards, and enjoy an optimal trading experience.
For full event details and participation rules, please visit the event page.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
Photo – https://mma.prnewswire.com/media/2650561/1920×1080.jpg
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View original content:https://www.prnewswire.co.uk/news-releases/mexc-announces-kiloex-kilo-listing-with-a-100-000-kilo–175-000-usdt-prize-pool-302413161.html
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