Enrique Razon-owned Prime Infrastructure Holdings Corporation (Prime Infra) has established a new subsidiary for its waste-to-fuel project being developed in partnership with US-based WasteFuel Global.
The new firm, WasteFuel Philippines will be putting up a biorefinery in Luzon that would convert over 1 million tons of municipal waste into 30 million gallons of low-carbon synthetic crude oil annually. The biorefinery plant is targeted to be operational by 2025.
“Our goal is to turn waste into a valuable source of clean energy, thus improving waste management processes and reducing carbon emissions from transportation,” Prime Infra President Guillaume Lucci said in a statement.
WasteFuel will make fuels that burn up to 80% reduction in carbon compared to fossil-fuel based aviation fuels. The project is also seen to help solve the municipal waste problem and minimize methane emissions from landfills.
Prime Infra has assets covering renewable and sustainable energy, water, and construction.
Meanwhile, Metro Clark Waste Management Corporation is also preparing to begin the construction of a $200-million secondary fuel power plant, which hopes to improve waste disposal capacity in Central Luzon.
The facility is a joint venture between Metro Clark and Plambeck-Emirates Global Renewable Energy LLC, a partnership between a German technology firm and the Royal family of Abu Dhabi.
The plant will be constructed on the company’s 100-hectare site in the Clark Special Economic Zone.
Metro Clark said the system will serve the entire region, providing municipal solid waste transfer treatment, and disposal services to local government units and industrial clients in the entire area. It will also generate up to 35 megawatts of power that can be fed back into the region’s distribution grid.
The firm said it is still awaiting the project’s approval from the Bases Conversion and Development Authority and it would take three to four years to complete the project.
Metro Clark developed the solid waste management system of Clark Freeport and the Special Economic Zone, including New Clark City.