ECARU signs contract with Messebo Cement

The Egyptian Company for Solid Waste Recycling (ECARU), a subsidiary of Qalaa Holdings’ Tawazon, has announced that it has signed a five-year contract with Ethiopia’s Messebo Cement to supply Biomass that will be used as a source of energy to replace coal gradually. As stipulated by the agreement between the two companies, ECARU will be the technology and service provider responsible for collecting, transporting and processing local Biomass that will be converted to environmentally friendly alternative solid fuel.

ECARU has been supplying alternative Solid fuel, Biomass, as a source of energy to Egypt’s leading cement companies for the past five years.

The contract with Messebo Cement, which is located in Mekelle, 780 km from Addis Ababa with a production capacity of 2 million tpy of cement, is renewable beyond the stipulated five-year time period under the same terms and conditions.

Tawazon, Qalaa Holdings’ subsidiary company for investment in the regional solid waste management industry, controls two companies: the Egyptian Company for Solid Waste Recycling (ECARU), a solid waste management service provider, and Engineering Tasks Group (ENTAG), a solid waste management technology provider. Together, these two companies form a leading waste management enterprise with extensive operations in Egypt and an international project book in Oman, Malaysia, Sudan, Nigeria, Libya, Saudi Arabia, Qatar and Syria.

Qalaa Holdings has invested in Tawazon as part of its energy portfolio which also includes TAQA Arabia, Egypt’s largest private sector energy distribution company and the Egyptian Refining Company (ERC), a US$3.7 billion refinery, Egypt’s largest in-progress, private sector mega project.

Edited from source by Joseph Green. Source: Qalaa Holdings

Read the article online at: https://www.worldcement.com/africa-middle-east/22022016/ecaru-signs-contract-ethiopia-messebo-cement-539/