Topsoe still has faith in Flagship One

Topsoe’s latest financial report shows declining top and bottom lines, and the CEO announces that the company is now looking for new developers for the abandoned Ørsted project, Flagship One. 

Photo: Gregers Tycho
Photo: Gregers Tycho

Topsoe was the technology partner on the PTX project Flagship One, which Ørsted abandoned two weeks ago with a write-down of DKK 1.5bn. This will not have financial consequences for Topsoe, says CEO Roeland Baan to Danish business daily Børsen. He does not believe it was a death blow to the project, which is now looking for a new developer. 

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