Outotec acquired phosphorus recycling technology business of ASH DEC Umwelt AG
(Thomson Reuters ONE) -
OUTOTEC OYJ PRESS RELEASE, FEBRUARY 16, 2011 AT 2:00 PM
Outotec acquired phosphorus recycling technology business of ASH DEC Umwelt AG
Outotec has strengthened its portfolio of environmental technologies by
acquiring the technologies, trademarks and patents of ASH DEC Umwelt AG. This
Austrian based company has developed a process to extract recycled phosphorus
fertilizer from ash which is a by-product of incineration of biomass/sludge. The
ASH DEC process complements Outotec's existing biomass incineration solutions
based on fluidized bed technology. The acquisition price is not disclosed.
Phosphorus is an essential element for human life and its worldwide demand is
increasing in line with the population growth. Natural phosphate resources are
fast shrinking, and therefore the recycling of phosphorous is essential in many
countries to secure supply independence for this valuable resource.
The ASH DEC process cleans the ash from biomass/sludge incineration and converts
the phosphate into a bio-available fertilizer compound. The patented process was
developed over the last decade, first in pilot plants and later in a
demonstration unit. The product of the process was then successfully tested in
large field tests which showed excellent results in comparison with standard
fertilizers. Outotec intends to commercialize the technology and build the first
full scale commercial fertilizer plant with a suitable partner.
"We see good business opportunities for the ASH DEC process, and it supports our
target to expand to adjacent industries with high technological synergies. Our
plan is to commercialize the process and complement our technology portfolio so
that we can offer our customers sustainable solutions for recycling of valuable
elements and minimizing waste", says Outotec CEO Pertti Korhonen.
For further information please contact:
OUTOTEC
Peter Weber, President - Energy, Light Metals and Environmental Solutions
tel. +49 6171 9693 165
Eila Paatela, Director - Corporate Communications
tel. +358 20 529 2004, +358 400 817 198
e-mails firstname.lastname(at)outotec.com
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Source: Outotec Oyj via Thomson Reuters ONE
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Datum: 16.02.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 51563
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