Connect with us

Hi, what are you looking for?

Abengoa's Befesa industrial waste recycling division and its JV partner Silvermet are investing over $100 million to build two steel dust recycling plants that will produce valuable zinc oxide for export. [...]

Green Economy

Cleaning Up After the Steel Industry: Abengoa Invests in Industrial Recycling in Turkey

Abengoa’s Befesa industrial waste recycling division and its JV partner Silvermet are investing over $100 million to build two steel dust recycling plants that will produce valuable zinc oxide for export. […]

A subsidiary of renewable energy and clean tech provider Abengoa will invest around $120 million to build two steel dust recycling plants in Turkey whose combined 200-ton capacity would be enough, operating at full capacity, to turn just over 40% of Turkey’s steel dust, currently a waste product, into an exportable by-product. Along with reducing the negative environmental impact of making steel, the project is projected to create some 130 direct and 200 indirect jobs, as well as export earnings.

steel mill

Steel Mill Photo Credit: Payton Chung (CC BY 2.0 license)

“The facilities will be designed and operated using the safest and most environmentally-friendly technologies in order to recycle steel dust, a hazardous waste generated in production of steel from electric arc furnaces, and therefore minimizing land-filling. Today the production of this waste in Turkey is approximately 500,000 tons per year,” the Seville-based group announced.



From Steel Waste to Exportable By-Product

The investment is being made by Befesa, Abengoa’s industrial residue recycling division, and Canada’s Silvermet, its joint venture partner in Turkey, who have been working with the Investment Support and Promotion Agency of Turkey (ISPAT) on the project since 2011. They expect the two steel dust recycling plants to be up and running in 2H 2014.

“This investment is very important not only for bringing technology, creating employment and contribution to Turkey’s export, but also contribution to the environment,” M. Ilker Ayci, ISPAT’s president commented. “Befesa has added Turkey to its existing operations in Germany, France, UK, Spain and Sweden. We are proud to win this investment for our country.”

Located in Izmir and Adana, an area with a concentration of Turkey’s steel producers, the two plants will have the capacity to process 110,000 tons of steel dust per year, turning it into 80,000 tons of Washed Waelz Oxide, a final product that’s rich in zinc for which there’s a global market, Abengoa’s press release explains. Befesa already operates one 60,000-ton steel dust recycling plant in Turkey.

Befesa’s obtaining the environmental and construction permits required to proceed with construction of the two steel dust recycling plants, which it plans to finance with a combination of equity from its JV with Silvermet and debt from Turkish banks. Coincidentally, it’s moving forward with detailed engineering and procurement plans, Befesa CEO Javier Molina stated.

Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Written By

I've been reporting and writing on a wide range of topics at the nexus of economics, technology, ecology/environment and society for some five years now. Whether in Asia-Pacific, Europe, the Americas, Africa or the Middle East, issues related to these broad topical areas pose tremendous opportunities, as well as challenges, and define the quality of our lives, as well as our relationship to the natural environment.


You May Also Like

Consumer Technology

The folks over at Poppits had it with the wasteful use of plastics and took it upon themselves to build the solution. They took...

Green Economy

In another bad sign for fossil energy stakeholders, the apparel industry supply chain is focusing more attention on recycling pre-consumer and post-consumer petrochemicals.

Clean Transport

I wrote a piece earlier today about the best places in the UK to vacation with an electric car — based on the simple...

Green Economy

Protein Evolution says it has developed a process that breaks down plastic waste so it can be used to make new products.

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.