The Egyptian government has signed a memorandum of understanding (MoU) with Energy3 International (E3i) for the establishment of a solid waste treatment and recycling plant in the governorate of Fayoum, Arab Finance reported citing official statement.
E3i, under the deal, will build BioRefinery E3i plant to convert waste to biofuel and graphene through the use of eco-friendly and safe technologies.
The plant will produce No. 2 diesel, biochar, and organic fertilizers from solid and agricultural waste in Fayoum. The MoU represents an opportunity for Egypt to adopt sustainable solutions to treat local solid waste, Minister of Environment Yasmine Fouad indicated on the sidelines of the signing.
E3i’s chairman John Ponchock on the other hand indicated that the project is expected to eliminate carbon emissions resulting from solid waste disposal by 500,000 tons annually.
Egypt inks agreement with E3i to set solid waste treatment and recycling plant in governorate of Fayoum
