Recycling technology firm gaining recognition abroad
14:34
Bioelektra Group is the founder of RotoSteril BEG 7000 autoclaves used in mechanical heat treatment of waste (MCP). The unique idea has garnered interest from foreign investors, who are close to signing a deal to support the project with €100 million to further the innovation.
According to Puls Biznesu, Poland sends 75 percent of its waste to landfills. EU waste management requirements are looming ahead and Bioelektra representatives claim that their MCP technology would allow greater recycling and reuse of waste materials.
Poland seems to be more interested in incinerators (six new plants are under construction), which may be outdated soon. MCP would be a cheaper and easier to maintain, according to Jarosław Drozd, member of the management board at Bioelektra. An existing MCP plant in Różanki is processing 50,000 tons of waste annually and can be increased considerably.
Bioelektra's search for interested investors has led them to talks with waste management departments in the United Arab Emirates and Bahrain. "We are competing for a 25-year contract in Bahrain for the disposal of 1.5 million tons of waste annually, including 800,000 tons of communal waste," said Jarosław Drozd. The contract is valued at $360 million.