FINAXO ENVIRONNEMENT : Development boost - technical and commercial achievements

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Finaxo Environnement announces:

  • Successful completion of test campaign on pyrogasification technology for distillery beet slops
  • Business development, with sale of first energy-from-waste unit and order for 12 water treatment ultrafiltration units for Annecy City Council

Technical achievement with results bettering feasibility studies

Tests carried out over six months on the experimental pyrogasification unit at the CVG Carbohydrate Utilization Centre in Amiens (France) have confirmed the efficacy of Finaxo Environnement technology on beet slops, with results 5% better than forecast.

Work on the experimental pyrogasification unit is part of the Pyrobio Energy+ project run jointly by Finaxo Environnement, Téréos and CVG at the Industry & AgroRessurces science park operated by the Picardie and Champagne-Ardenne regional governments.

Pyrogasification involves ultra-fast transfer of heat to the heart of the material, in the absence of oxygen, to burn organic matter and extract gas as a utilizable energy source and produce fertilizer rich in potassium and trace elements.

The tests on beet slops confirm the feasibility of an industrial-scale plant, which should achieve results higher than initially expected. Initial validation results indicate that the target set by Téréos project manager Philippe Roux, namely "20% energy savings and 35,000 tonne reduction in atmospheric discharge of carbon at the Origny distillery" will be bettered.

Encouraged by these results, Finaxo Environnement will be pushing ahead with its programme, using the experimental pyrogasification unit to run tests on other types of biomass. Phase 2 of the project with Téréos, involving development of an industrial-scale pyrogasification unit capable of processing five tonnes of beet slop per hour, thus appears to be on track.


Commercial achievement: sale of first energy-from-waste unit

Finaxo Environnement has taken its first order for a heat-from-waste unit using its Pyrobio pyrogasification technology. The unit, to be delivered in November 2007, will be used by a shopping centre to heat and air-condition premises measuring 800 square metres using energy from waste wood, paper and card. 

The 100 tonnes per year of waste material will convert under pyrolysis to 417,600 kWh, equivalent to burning 42 tonnes of fuel, to bring an overall CO2 reduction of 142 tonnes.

As well as avoiding dioxin pollution and achieving higher efficiency, the other main advantage of the Pyrobio process over incineration is that it produces gas, which means energy can be used for air-conditioning, by absorption cooling, for improved energy savings.

Finaxo Environnement sees substantial development prospects from Pyrobio implementation in this kind of shopping centre application.


Water treatment business achievement: 12 ultrafiltration units for Annecy City Council

Degremont SA has commissioned Finaxo Environnement with production of 12 ultrafiltration units for Annecy City Council. 

Ultrafiltration involves filtering water through a membrane that traps viruses, larger bacteria and mineral matter larger than a hundredth of a micron. Free of organic matter, the resulting water does not need chlorination, and its mineral salt content is unaltered.

The units will be delivered in March 2008. The contract is worth ¤1 million.


Finaxo Environnement specializes in water treatment and biomass energy applications. As well as designing and making wastewater and drinking water treatment plants, it owns and develops rapid pyrogasification technology for organic matter treatment and energy utilization.

Finaxo Environnement has been listed on the Marché Libre stock market since 18 June 2007.
 
Code: MLFXO
ISIN: FR0010487272

Contacts :

Contacts:
Pascal Colignon, President
pascalcolignon.finaxo@wanadoo.fr

Finaxo Environnement
12 allée des Missions, 51170 Fismes, France
Phone  +33 (0)3 26 48 01 47 - Fax +33 (0)3 26 48 11 34
www.finaxo.fr
Press
Jeanne GUICQUERO
jguicquero@actus.fr
Phone : (+33) 01 53 67 35 81
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