Blue Orange: investing in new technologies
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Cynar: how turn end of life plastic into diesel?
Turn end of life plastic (ELP) into diesel, it is possible! SITA UK, subsidiary of SUEZ ENVIRONNEMENT, and Cynar Plc are building, until end of 2011, first operating plants in Great Britain to convert the plastic end of life into diesel…
BLUE ORANGE: VENTURE CAPITAL FOR WATER AND WASTE TECHNOLOGIES
In 2010, SUEZ ENVIRONNEMENT launched Blue Orange, its innovation investment fund. It aims to strengthen and accelerate the development of innovative solutions in the Water and Waste businesses. With an investment budget of 50 million Euros over 10 years, Blue Orange invests in the commercial and industrial development of startups with promising, innovative technologies concerning these areas.
Blue Orange counts on partnerships and responsiveness to contribute to the Group’s differentiating technological drive. The fund has 3 major advantages:
- Access to an international network of experts, researchers and technicians at the forefront of techniques in water and waste,
- Commercial and industrial exposure offered by the Group’s activities in most regions of the world.
- The access to the results of R&D programmes undertaken by the Group.
Two years after its launch, Blue Orange receives and analyses nearly 300 applications per year; 4 investment operations have been conducted as well as much other collaborative work initiated via the Group’s additional programmes and initiatives.
DISCOVER THE PROJECTS FUNDED BY BLUE ORANGE
- Amongst the projects is one on transforming plastic waste to ready-to-use fuel. Blue Orange participates in the funding of this SITA UK and Cynar PLC project. The latter has developed a innovative technology which converts plastic waste into diesel fuel whilst conserving the environment.
- Redox Maritime Technologies, a company specialising in water disinfection using ozone. Blue Orange has become a partner for the launch of a new technology project on the treatment of ballast water using an advanced oxidation process1. By 2016, 15 000 ships will have to comply with new regulatory standards2 to reduce the transport of harmful aquatic organisms and pathogens. SUEZ ENVIRONNEMENT also provides expertise developed by OZONIA, a Degrémont3 operations subsidiary, focusing on the treatment of urban wastewater by using ozone and ultraviolet light.
- Since 2012, Blue Orange, SOFIMAC Partners and Centre Capital Développement are supporting SigrenEa‘s development of new technology in waste collection. Names “aEner’COM”, this solution allows real time remote measurement of filling rates at kerbside waste collection points. A sensor installed in the container continually measures the fill rate and transfers information to the waste management company. The next shift team can therefore improve and optimise the collection routes and kerbside collection points according to how full the containers are.
- Also in 2012, Blue Orange subscribed to a cleantech start-up fund “Demeter 3 Amorçage” specific to capital investment in start-ups or projects in the beginning phases of innovative technological development in the fields of water, waste treatment or renewable energy. The Group thereby increases it development capacity through partnerships with young, dynamic enterprises which innovate within its core activities.
2A convention on the treatment of this water is currently being drawn up by the International Maritime Organization (IMO) gathering together 170 Members States.
3Degrémont is a 100% SUEZ ENVIRONNEMENT owned operations company.
The company provides innovative solutions to millions of people and industries in the drinking water, wastewater treatment and waste management fields.
- > SITA Trashco
- > United Water
- > SITA UK
- > Ondeo IS
- > Chine