Tracegrow, a Finnish cleantech company has selected Pöyry as its partner for delivering project and engineering services around its clean technology.

business-deal-may-30

Image: Pöyry to help Tracegrow develop its clean technology. Photo: courtesy of adamr/ FreeDigitalPhotos.net.

The objective of the co-operation is to develop Tracegrow’s modular technology and plant concept for global deliveries. Pöyry’s services include engineering, project management, procurement and construction management services for the modularised production plants.

Tracegrow is a Finnish cleantech company operating in the circular economy. It is the only company in the world that has developed an innovative technology to extract, purify and reuse the vital trace elements Zinc and Manganese from alkaline batteries and circulate them safely back to nature as the world’s most ecological micronutrient products for farming.

The end product is 100% natural, premium level Zinc and Manganese-based micronutrient product. Tracegrow’s offering is two-fold including both the end-product sales and the turnkey production plant deliveries.

The company’s first production plant was successfully started in Kärsämäki, Finland in June 2018.

Tracegrow CEO Tatu Leppänen said: “With our ground-breaking clean technology fertilizer manufacturers, recyclers and governments can turn problematic and costly alkaline battery waste to premium level micronutrients ecologically and economically.

“We aim to become the most acknowledged micronutrient company in the global circular economy and to reach an annual turnover of EUR 100 million over the next few years. We need world-class partners to support our strategy. We selected Pöyry as our delivery partner based on their proven competence in process & technology, project implementation and global coverage.”

Pöyry industry business group chemicals competence line head Tuukka Sormunen said: “Pöyry is proud to be selected as Tracegrow’s partner to develop this circular economy concept towards a cleaner future. Megatrends are creating many initiatives and it is important to get these achievements commercialised.

“We are confident that we are able to support Tracegrow in the development of modularised plant concepts to be delivered globally where our local presence can create additional value in the implementation phase of the projects.”

The value of the order is not disclosed. The order is recognised within the Industry Business Group order stock in H1/2018.

Source: Company Press Release