Boskalis joint venture awarded bottom ash processing contract by Attero
February 02 2017 - 2:30AM
Papendrecht, 2 February 2017
Royal Boskalis Westminster N.V. (Boskalis)
announces, together with Inashco, that it will process all bottom
ash produced by Attero for a period of ten years. The contract was
awarded to ACCN (Ash Cleaning Company Netherlands), a joint venture
between Boskalis Environmental and Inashco. The total value of the
contract will be in excess of EUR 100 million over the ten-year
period and is partly dependent on the market prices of the
recovered metals. Boskalis holds a 50% stake in ACCN with the
results being accounted for as an associate.
Attero's waste-to-energy plants in Moerdijk and
Wijster in the Netherlands produce around 450,000 tons of
incinerator bottom ash per year. ACCN is building a
state-of-the-art plant at Nauerna in the Port of Amsterdam area to
process the bottom ash, based on a washing process developed by
Boskalis Environmental. Once processed, almost all of the bottom
ash is suitable for re-use as a raw material, allowing Boskalis to
contribute to the circular economy. The mineral fraction,
consisting of sand and granulate, will be used as a freely
applicable building material in Boskalis' civil engineering works
while the valuable and rare metals can be marketed as commodities
by Inashco. In this way the combination Boskalis - Inashco provides
an integrated solution and takes care of the washing and processing
of the incinerator bottom ash on behalf of Attero. Furthermore, the
agreement enables Attero to meet its Bottom Ash Green Deal
obligation to the Dutch government.
Royal Boskalis
Westminster N.V. is a leading global services provider operating in
the dredging, maritime infrastructure and maritime services
sectors. The company provides creative and innovative all-round
solutions to infrastructural challenges in the maritime, coastal
and delta regions of the world with services including the
construction and maintenance of ports and waterways, land
reclamation, coastal defense and riverbank protection. In addition,
Boskalis offers a wide variety of marine services and contracting
for the oil and gas sector and offshore wind industry as well as
salvage solutions (SMIT Salvage). Furthermore, Boskalis has a
number of strategic partnerships in harbour towage and terminal
services (KOTUG SMIT Towage, Keppel Smit Towage, Saam Smit Towage
and Smit Lamnalco). With a versatile fleet of 1,000 units Boskalis
operates in around 75 countries across six continents. Boskalis has
over 8,200 employees, excluding its share in
partnerships.
This press release can also be found on our
website www.boskalis.com.
pdf version press release
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Koninklijke Boskalis Westminster N.V. via
Globenewswire
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