Blue Orange: investing in new technologies

To turn the Group into a leader in environmental performance, SUEZ ENVIRONNEMENT has adopted a global strategy aimed at accelerating and intensifying its research and innovation capacities. The 2010 creation of Blue Orange, an investment fund dedicated to new water and waste technologies, represents a major step in this direction

A key tool of the Group’s innovation strategy

Logo_Blue_OrangeCreated in 2010, Blue Orange is a SUEZ ENVIRONNEMENT investment fund with a prime focus on new water and waste technologies. With a budget of €50 million over 10 years, its role is to act as an investor and industrial partner. By taking a stake in the capital of young, promising companies developing innovative technologies (Cleentech, for instance), Blue Orange supports their commercial and industrial development from start-up onwards. Blue Orange has become a crucial partner for entrepreneurs and joint investors. The fund offers 3 major benefits:

  • an international network of researchers and scientists at the forefront of water and waste technologies
  • exposure to the Group’s commercial and industrial activities in most regions of the world
  • access to the results of the Group’s R&D programmes (€74 million earmarked in 2011)

PROMISING PARTNERSHIP

REDOX MARITIME TECHNOLOGIES

SUEZ ENVIRONNEMENT is joining forces via its Blue Orange innovation investment fund with REDOX MARITIME TECHNOLOGIES, a Norwegian company specialising in water disinfection using ozonation, to develop a new ozone treatment technology for ship ballast water. To support the development work of REDOX MARITIME TECHNOLOGIES, SUEZ ENVIRONNEMENT will provide the expertise developed by OZONIA, a Degrémont subsidiary, in the field of ozone and ultraviolet (UV) treatment of urban and industrial wastewater.
The first stage will consist of obtaining certification for this technology by the IMO by the end of 2012. The first commercial applications will then be offered. By 2016, up to 15 000 ships will have to meet new regulation standards.

CYNAR PLC

Alongside SITA UK, one of the leading waste management companies in the United Kingdom, the Blue Orange investment fund has finalised an initial partnership with Cynar Plc. This company has developed an innovative process to produce diesel fuel from the recycling of mixed plastic waste. Thanks to this exclusive agreement, the company is planning to build 10 operational plants in Great Britain, which will be able to process up to 60,000 tonnes of mixed plastic waste each year and recycle it into diesel fuel. The first plant is due to be commissioned in 2012.

Find out more

Cynar Plc and Blue Orange

Contact

Submitt your business plan :

blueorange@suez-env.com