Australian firm's waste-to-energy plant in PH to open this year
Australian firm Cyclion Holdings Pty Ltd's $3-million waste-to-energy processing plant in Manila, in partnership with the National Development Company (NDC), is expected to be operational by the end of this year, said the Department of Trade and Industry (DTI).
A press release by DTI on April 10 stated that its attached agency NDC signed a memorandum of understanding (MOU) with Cyclion in March this year during the Philippine Business Forum in Australia in time for President Ferdinand Marcos Jr.'s visit to the country.
The signing, which officially started Cyclion and NDC's venture in the country, was facilitated by DTI's Philippine Trade and Investment Center (PTIC) – Sydney.
The MOU was a positive development following the Letter of Intent (LOI) inked by Cyclion and NDC last Oct. 9, 2023 during the business roundtable of Australia and the Philippines in Adelaide, Australia.
According to DTI, the plant will be able to convert biowaste into green fuel, processing 900 tonnes of waste per day.
It will utilize Cyclion's technologies, specifically in processing municipal solid waste into fuels and using waste to fuel Combined Heat Power generators.
“The Philippines and Australia share a strong economic partnership, and we see even greater opportunities in the future. By strengthening the collaboration between our public and private sectors, we can unlock new avenues for growth and innovation in key sectors like agriculture, education, critical minerals, and clean energy," remarked
DTI Secretary Alfredo Pascual.
NDC’s General Manager Antonilo Mauricio said the partnership with Cyclion "will advance waste management solutions, contributing to the national agenda on energy security and environmental sustainability.”
Cyclion's Founder and Chief Executive Officer (CEO) Philip Major added that they are excited to contribute sustainable solutions for the country, lauding the Philippines’ "forward-thinking approach to solve waste management challenges."
According to Cyclion's own press release in October last year, the firm's technology uses "Cyclion Catalytic Fluid (CCF)," wherein plastics and organic rubbish are liquified without pre-treatment to convert it into fuel or electricity. Unlike traditional methods that require the use of larger amounts of heat and mechanical energy to process waste, Cyclion "does not burn the rubbish but rather soaks it in the special catalyst, enabling the liquefaction to occur at a relatively low temperature of 310oC and atmospheric pressure."