FINAXO ENVIRONNEMENT : Finaxo Environnement and Immobilière Frey on environment-friendly mall project

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Finaxo Environnement's energy-from-waste technology is used at a new "green" shopping centre at Marne-la-Vallée.

Immobilière Frey uses Finaxo Environnement's Pyrobio pyrogasification technology to produce energy from waste at its pilot Greencenter shopping mall at Clos du Chêne, in Marne-la-Vallée (Paris region).

Immobilière Frey takes a pioneering stance on the property development market, since all its projects over the last few years have a strong environmental emphasis, systematically factoring in ecological concerns. This approach is exemplified by Greencenter, the first green shopping mall concept, as implemented at the new Clos du Chêne shopping centre.

The 31,000 square metre Clos du Chêne shopping centre, which opened in November 2007, features a range of environmental protection innovations, including recovery of rainwater and run-off water, landscaping, waste recycling, and energy-from-waste, using the Finaxo Environnement technology.

Finaxo Environnement supplied the Clos du Chêne Greencenter with an initial energy-from-waste unit using its pyrogasification technology. This unit is already operational, converting wood, paper and cardboard waste into resources that provide heating and air conditioning for premises measuring 2,000 square metres.

A hundred 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 president Pascal Colignon had this to say about the Greencenter project: "We're very happy to see the development group Immobilière Frey reaping the combined environmental and economic benefits of Finaxo Environnement's pyrogasification technology. The Clos du Chêne mall makes a fine showcase for the Finaxo Environnement solution at work in producing energy from organic waste."


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:

Pascal Colignon, president
pascalcolignon.finaxo@wanadoo.fr 
Press
Jeanne Guicquero
jguicquero@actus.fr
Phone +33 (0)1 53 67 35 81
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

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