Dubal Holding partners Quantafuel and BASF to build recycling plant in Dubai
UAE – Dubal Holding, the investment arm of the Dubai Government, has partnered with recycling company Quantafuel and BASF to develop a plant to chemically recycle plastic waste in Dubai.
The three companies will carry out a front-end engineering design (Feed) this year for the development of the Plastics-to-Liquid (PtL) processing plant. A final investment decision on the project is expected in early 2023.
Advancement to the FEED stage comes after the companies completed a six-month feasibility study to define the plant’s main design parameters and secure the site and feedstock.
Ahmad bin Fahad, Chief Executive of Dubal Holding said: “The agreement is an important step towards co-operation that will foster the advancement of sustainable technology and help attain [a] circular economy in the UAE.
“This project is in line with Dubal Holding ’s commitment to invest in promising projects, giving the Emirate a leading position globally in this emerging field.”
The project will be a significant step towards a circular economy, converting low-quality, non-recyclable plastics into valuable products.
It will also have an annual capacity of 80,000t and help Dubai meet its goal of sending zero waste to landfill by 2030.
The partners have agreed to share the cost for the development of the plant, based on lessons learned from Quantafuel’s first full-scale commercial plant in Skive, Denmark.
In addition, they have contracted Italian engineering and construction company Saipem as the Feed service provider for the project.
BASF FZE Middle East Market Area Head and Vice-president Udo Huenger said: “We are excited about the opportunity to be a partner in this FEED study for the Plastics-to-Liquid plant in Dubai based on our knowledge in the European ChemCycling project.
“Supporting our technology partner Quantafuel and working with the visionary people at DUBAL Holding to drive Dubai’s vision of zero waste to landfill by 2030 brings us another step closer to a circular economy.”
The project is anticipated to boost and protect Dubai’s environment, which is the commercial and tourism center of the Middle East.
It city has introduced a new 25-fil charge for all single-use plastic bags last month to reduce waste in the Emirate.
UAE is also taking up other environment-friendly projects. Earlier this year, Sharjah started the region’s first waste-to-energy plant, which will be able to divert up to 300,000 tonnes of waste away from landfill each year.
The plant was set up by Emirates Waste to Energy, a venture between Sharjah environmental management company Beeah and Abu Dhabi renewable energy company Masdar.
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