Projects target steel dust recycling.
Abengoa, based in Spain, has announced that its Befesa Industrial Residue Recycling Division is planning to construct two recycling-related projects in Turkey. Both projects are targeting steel dust recycling efforts and are scheduled to be built in Izmir and Adana, Turkey.
Befesa, also based in Spain, operates in Turkey through a joint venture with the Canadian company Silvermet Inc. The joint venture will invest around $120 million to build the two plants. Each of the facilities is expected to treat around 110,000 tons of steel dust per year and will produce more than 80,000 tons of washed waelz oxide, a zinc-rich final product, which will be exported.
M. Ilker Ayci, president of Investment Support and Promotion Agency of Turkey (ISPAT), notes, “This investment is very important, not only for bringing technology, creating employment and contribution to Turkey’s export, but also contribution to the environment. Befesa has added Turkey to its existing operations in Germany, France, U.K., Spain and Sweden. We are proud to win this investment for our country.”
Javier Molina, Befesa CEO, says, “We are very glad to contribute to Turkey’s sustainable development in the field of recycling and recovery of industrial waste with this investment. I would like to thank to Ilker Ayci and his team for their efforts and contributions to this project since the very beginning, in 2011. Regarding our plans, we are now at the stage of obtaining all the necessary environmental and construction permits that would hopefully be obtained by early 2013. We have also started to contact local Turkish banks to discuss financing options. At the same time we are developing the detailed engineering and procurement of works and equipment, so we should be able to start operations on site on schedule. The execution time of the works is planned to be around 18 months and we estimate the second half of 2014 for the plants to be in operation.”