JV Brings Waste to Energy

Gasification Technology to Poland

7 February 2013
By Ben Messenger
JV Brings Waste to Energy Gasification Technology to Poland
Vacouver based waste gasification specialist, Waste to Energy Canada (WtEC) has formed a joint venture with Polish investment and property development company, Rank Progress to develop projects in Poland and Croatia.The joint venture – Rank Recycling Energy (RRE) – will seek to work in partnership with municipalities to provide waste processing facilities through a Design, Build, Own and Operate business model.The JV Agreement was signed in the Canadian Embassy in Warsaw by Jan Mroczka, president of Rank Progress and Rod Taylor, CEO of WtEC in the presence of Alexandra Bugailiskis, the Canadian ambassador designate to the Republic of Poland.
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RRE said that it would focus on the sales, marketing and project development of waste processing facilities in Poland and Croatia using WtEC’s proprietary waste to energy technology.According to Rank, a special purpose entity will be formed for the construction of each facility. The parties to the joint venture agreement will provide these entities with services relating to administrative procedures, design and execution, technology and know-how in managing and recycling waste.Rank added that a group of the entities will be supervised by a holding company which will handle commercialisation and promotion of the WtEC technology, management of individual projects as well as offering the technology licence to other interested business entities.Waste management in Poland follows a National Waste Management Plan that follows the EU Waste Framework Directive (Directive 2008/98/EC), but the country has traditionally relied on landfill.The changes in legislation require that waste is now processed which means the building of new facilities and an investment in processing equipment.

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Sourced & published by Henry Sapiecha

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