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AnaeCo Ltd to pursue bio-waste recycling opportunities

AnaeCo Ltd to pursue bio-waste recycling opportunities

AnaeCo Ltd (ASX:ANQ) has signed an agreement with Bouygues E & S Contracting UK Limited (BES) to build and operate bio-waste recycling plants in the UK and the Republic of Ireland.

The AnaeCo System includes sorting, recycling and aerobic composting to recycle municipal solid waste into renewable energy.

AnaeCo and BES will work together to identify, win and deliver opportunities to build and operate plants incorporating the AnaeCo technology, where BES will act as the principal contractor.

BES is part of the larger Bouygues Group, a UK-based engineering and construction company.

As per the agreement, BES will lead client negotiations and overall design, procurement, construction and commissioning of any plant using the AnaeCo technology.

AnaeCo would act as a key subcontractor providing detailed input for any given plant incorporating AnaeCo’s proprietary technology and designs.

Earlier this year, AnaeCo completed the construction of a plant to process 55,000 tonnes per annum of municipal waste for the Western Metropolitan Regional Council and the City of Stirling near Perth.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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AnaeCo Timeline

December 17 2015
October 02 2015
August 25 2015
December 30 2013

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