Petronor and O.C.O. Technology's synthetic arid plant at the Port of Bilbao will be operational in 2026
The project, which began construction in 2024, will become the first industrial plant in mainland Europe to manufacture synthetic arid, which captures CO2 both during the production process and during its useful life.
Construction of the Biscay Eco Aggregates factory in the port of Bilbao.
The Biscay Eco Aggregatesplant in the Port of Bilbao, Petronor and the synthetic eco-dryness plantpromoted by O.C.O Technology, will be launched in 2026. The project has an investment of 20 million euros and, once the civil works phase has been completed, the assembly of the equipment
According to Petronor in a statement, the project began construction in 2024 and will become the first industrial plant in continental Europe to manufacture synthetic arid, a material that captures CO2 both in the production process and in useful life.
To finance the project, Kutxabank has signed a loan of EUR 11.5 million on September 2; "great financial support," Petronor stressed.
Biscay Eco Aggregates has as shareholders Petronor (75%) and the British company O.C.O. Technology (25%), and the factory will be located at the AZ1 pier in the Port of Bilbao.
During the manufacturing process, the new plant uses captured CO2 to treat waste, preventing it from ending up in landfills (contrary to what has been done so far), which will reduce CO2 emissions, including waste, through material recovery.
The synthetic is an artificial limestone arid that is used as a raw material for incineration and CO2 waste, and continues to capture atmospheric CO2 even after production, thus replacing natural arid, which has been presented as "an example of a circular economy that will reduce CO2 emissions and also waste through material recovery," Petronor said.
Among 232 proposals, the project was selected in 2021 to participate in the Innovation Fund Small Scale, which subsidizes projects of innovative technologies with low carbon emissions, with an endowment of 3.2 million, and is part of the Indartu programme, from which it receives 1,160,000 euros.
You might like
Volkswagen will cut 50,000 more jobs, half in Germany and the rest in Europe
The Volkswagen group is in crisis due to strong competition from Chinese manufacturers in Europe, declining sales in China and tariffs in the United States.
France announces aid to farmers affected by drought
Farmers' representatives will meet next week with the French Ministry of Agriculture to convey their demands. The effects of drought and heat are being felt economically, but also physically and mentally.
A worker died in an accident at a winery in Lanciego
The incident took place around 12:20 p.m. and the circumstances of the incident are being investigated. Emergency services have been moved to the scene, but the operator's life has not been saved.
A new tax on fast and cheap clothing is introduced in France
Asian giants like Shein or Temu will now have to pay penalty rates of between 50 cents and 12 euros per garment.
The diesel discount goes up to 20 cents per litre, and the gasoline discount goes down to 5 cents
The tax rebate on diesel has doubled since today, while petrol has halved.
The Basque Government will meet again this Tuesday with farmers to assess the impact of the drought
Agricultural associations and trade unions, among others, want the ACV to be declared a drought zone and special measures to be taken. The meeting will take place at 4 p.m. at the headquarters of the Basque Government in Vitoria-Gasteiz.
Trade unions and employers sign the first agreement on nursing homes in Navarre
After more than five years of negotiations, trade unions and employers have signed the agreement today, which will involve more than 5,000 workers.
The electricity bill has risen 19% in August, reaching its highest level since 2022
Rising demand in heat waves and rising natural gas prices will make an average user's receipt about EUR 14 more expensive.
The 20 cent diesel rebate will come into effect on Tuesday
The measure, which has so far been reduced by 10 cents per litre, aims to combat fuel prices by 15.7% in July.
The September hill this year will be one of the hardest in years
With the return to work, the families of the Basque Country face another reality, which is that this year's September hill will be one of the hardest in recent years, as evidenced by inflation at 4.3%, a figure not seen since February 2023.