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Canadian and Italian Firms Partner on Waste to Energy & Recycling Projects

Vancouver, Canada based renewable energy developer, Reservoir Capital has entered into a Letter of Intent with Italian tile maker Saxa Gres to develop recycling, manufacturing, waste to energy and renewable energy businesses in Italy, according to Waste Management World.

Saxa Gres has agreements to acquire and refinance the assets of Area Industrie Ceramiche (AIC), a ceramic floor and roof tile factory located outside of Rome. The factory is in the process of being redeveloped into a recycling business that produces floor tiles by blending traditional clay feedstock with ash from municipal waste to energy incinerators. Saxa Gres is scheduled to resume tile production in early 2015 and has secured a long-term agreement with ACEA, a government-owned utility in Rome, whereby it will be paid to receive and recycle incinerator ash.

Read the article from October 5 on Waste Management Worlds website


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