Abu Dhabi-based Zero Carbon to set up waste-to-value project in Egypt

Abu Dhabi-based Zero Carbon to set up waste-to-value project in Egypt

Zero Carbon Ventures, an Abu Dhabi based developer of emission reduction technologies and solutions will establish a joint venture (JV) with Green Planet for Sustainable Environmental Solutions, part of the Egyptian Special Group for Trading and Investment for a waste-to-value project in the Arab country. According to a press statement, the JV company, called Zero Carbon Green Planet (ZCGP), will deploy Zero Carbon’s patent-pending high technology system, which processes methane and organic waste into graphene, hydrogen, fertilisers and other valuable commodities, at the 15 May landfill site in Cairo. The JV will be incorporated in Abu Dhabi Global Markets (ADGM). The first phase of project at the landfill site will be operational by 2025, the statement said, adding that the entire project will be completed in 2027. It said the advanced manufacturing process at the facility will process 400 tonnes of organic waste per day whilst preventing methane and CO2 from escaping into the atmosphere. The project will employ up to 250 people once it is fully operational. Zero Carbon CEO and CO-Founder Martin Reynolds said: “Our aim is to build a circular economy, an innovative and sustainable economic model that aims to redefine traditional linear production and consumption patterns.