Chinook Sciences and European Metal Recycling Form First Commercial Scale Enterprise to Generate Renewable Electricity and Recycle Metal from Automobile Shredder Residue
March 25th, 2009
Cutting-Edge, Non-Incineration Advanced Gasification Technology Will Produce Enough Renewable Electricity to Power 21,000 Homes and Create a Significantly Large NEGATIVE Carbon Footprint
CRANFORD, N.J. & NOTTINGHAM, United Kingdom--(BUSINESS WIRE)--Chinook Sciences, Ltd., the leading manufacturer and operator of advanced gasification technology, and European Metal Recycling Ltd. (EMR), one of the world's largest recycling companies and the largest recycler of automobiles in Europe, today announced the formation of the first commercial scale joint venture to convert automobile shredder residue (ASR) into renewable electricity and recover and recycle metal in the process.
The joint venture - named Innovative Environmental Solutions UK Ltd. - will process 120,000 metric tons of automobile shredder residue per year using Chinook's patented and proprietary RODECS® gasification system. The RODECS® will gasify the ASR, destroying all harmful emissions, recover all valuable material - primarily metal - contained in the ASR for recycling, reduce greenhouse gases on a net basis (300,000 M tons) and generate approximately 30 MW of renewable electricity, enough electricity to power 21,000 homes.
ASR is a waste material created by shredding automobiles and comprises approximately twenty-five percent of the weight of the car. The joint venture will be the first commercial scale operation to productively process ASR, capturing the energy contained within, recovering the metals and glass, and reducing the greenhouse gases.
David Ireland, director of technical services at EMR, based in Warrington, United Kingdom, said, "This alliance with Chinook Sciences is very exciting and a further significant step toward our goal of achieving 95 percent recycling and recovery from our shredding operation and thereby further improving the impact on the environment."
Dr. Rifat Chalabi, chairman of Chinook Sciences, said, "Partnering with EMR is part of the Chinook Sciences Beyond Landfill Global Initiative, which is designed to form joint ventures with environmentally conscious companies looking for advanced technology to recover valuables and convert waste into renewable energy. A unique and very attractive feature of our technology is the creation of a very large negative carbon footprint."
"Automobile shredder residue and the RODECS® make an ideal fit," added William Gleason, president of Chinook Energy, a subsidiary of Chinook Sciences dedicated to renewable energy generation from waste sources. "Bringing to bear Chinook's cutting-edge gasification technology on ASR is a perfect example of the kind of partnership we can forge to create low-cost, renewable energy and help move the world towards sustainability."
About European Metal Recycling
European Metal Recycling, Ltd. is a global leader in recycling. Based in Warrington, England, the company employs approximately 2,300 people and operates at 100 locations around the world. EMR's core business is the recycling of metal-rich waste streams arising from end of life vehicles, consumer products, industry and construction resulting in sales of recycled commodities of around 10 million metric tons a year. In addition to the company's extensive metal recycling operations, it also is rapidly expanding its activities in plastics and other materials. EMR produces more than 100 grades of recycled products, which are taken to market by its extensive road, rail and shipping network.
About Chinook Sciences
Chinook Sciences, part of the Chinook Sciences group of companies, based in Cranford, New Jersey, was founded in 1998 and is the leading manufacturer and operator of advanced gasification technology. Its RODECS® gasification system, now in its eighth design generation, enjoys an unprecedented eight-year track record of industrial commercial operation, with an unblemished environmental record. The RODECS® is capable of processing a wide range of organic-based waste streams including E-waste, MSW, and various industrial wastes. The system has been installed in 17 locations throughout the world, where it gasifies organic material without using incineration and fully recovers metals in its patented ACTIVE PYRO® process.
Press release as featured on Business Wire www.businesswire.com - 25th March 2009