Alba breaks ground for WEEE facility in Hong Kong
2016-01-25 | |EUWID website
Ground was broken in Hong Kong last week for the new waste electrical and electronic equipment (WEEE) treatment and recycling facility of German waste management and recycling group Alba. The plant is expected to be commissioned in mid-2017, after which all WEEE collected in Hong Kong will be processed and recycled at the facility. The plant will have the capacity to handle 30,000 tonnes of regulated e-waste annually, which can be expanded to 56,000 tonnes per year if needed, according to the company.
The total value of the contract tendered by the Hong Kong Environmental Protection Department was announced last year by Alba to be €318m, reportedly the company’s largest order ever. Besides the construction of the recycling plant, the deal also encompasses e-waste collection and recycling services for a period of ten years. However, Alba also includes sales revenues of more than €100m in this figure.
About 70,000 tonnes of WEEE are generated in Hong Kong annually. According to Alba, these arisings consist primarily of larger household appliances such as heaters and air conditioners, refrigerators and washing machines, but also televisions and computers along with certain associated devices including printers, scanners and monitors.
The project is managed by ALBA Integrated Waste Solutions Hong Kong Ltd. (ALBA-IWS), a joint venture. 73 percent of its shares are held by Alba, while 25 percent belong to the Chinese company Integrated Waste Solutions (IWS), which is headquartered in Hong Kong and whose main activities lie in recovered paper collection. The remaining 2 percent of the joint venture is owned by the German recycling plant manufacturer Erdwich.