PLAGAZI ANNOUNCES A NEW PROJECT IN GERMANY TOGETHER WITH WASTE RECYCLING COMPANY, KORN RECYCLING, FOR THE PROCESSING OF WASTE INTO FUEL CELL GRADE HYDROGEN
Plagazi has received an order for a Feasibility Study from the German waste recycling company Korn Recycling for the implementation of an on-site HE-2000 plant. Korn possesses one of the world’s most modern commercial waste sorting and replacement fuel processing plant and are pioneers in environmentally friendly disposal and recycling of waste.
The aim of the study is to provide Korn Recycling with an understanding of the general feasibility of implementing a circular Plagazi Process plant that fits within their desired framework and meets their sustainability requirements. Plagazi will investigate how certain fractions of Korn Recycling’s waste can be utilized for the production of fuel cell grade hydrogen in the most financially viable and sustainable way possible. The study will also investigate the potential applications of the hydrogen produced from Korn Recycling’s waste, with the intention to transform their operations and enable a higher level of circularity. If the client finds the implementation of a Plagazi plant feasible after completion of the study, the work will serve as a foundation for the Basic Engineering Study stage, which is a more in-depth study focused on the specifics of the customer’s waste and further project details, including testing, full process details, environmental permission process, and extensive financial analysis. Once the Feasibility Study and Basic Engineering Study have been completed, the project would then continue into the plant project phase, including engineering, procurement, and construction (EPC), which starts with the plant design via a Pre-Detailed Engineering.
“Establishing a project with Korn Recycling showcases the flexibility and adaptability of Plagazi’s process and business model, and is another breakthrough for the company in the German waste sector. Because we have the ability to upgrade recycling processes through the circular treatment of waste whilst contributing to the development of Germany’s hydrogen market, this opportunity is extraordinarily promising. Coupling Plagazi’s innovative technology with Korn Recycling’s already state-of-the-art business would is an important milestone for the future of the German hydrogen market” - Gustav Granberg, CEO Plagazi AB (publ)
For further information, please contact:
Gustav Granberg, CEO Plagazi AB (publ)
Email: gustav.granberg@plagazi.com
Phone: +46 70 270 02 16
About Plagazi AB (publ):
Plagazi AB is a Swedish clean-tech company which is revolutionizing the production of green hydrogen. Plagazi helps society close the circular loop by transforming waste into green hydrogen through plasma gasification, contributing to resolve the significant global issue of non-recyclable waste, renewable energy sources and carbon emissions. With multiple active projects across Europe, the company aims to become the answer to the continents strive to reach its climate goals.
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