The two French companies, with complementary expertise, have entered into a partnership covering 25 countries to accelerate the deployment of the Scarabox® on the African continent. This agreement will take the form of a joint venture (Parlym 80%/
In the very short term, Parlym will take, alongside
Complementary know-how
Parlym is specialised in the engineering of energy infrastructure projects in the nuclear, oil & gas and renewable energy sectors. With a turnover of more than €150 million, 50% of which is generated in
The two partners master the entire value chain: environmental impact studies, filing of permits, design of units and sites, financing, construction and operation of industrial units.
A new circular economy offer for
The Scarabox® is a micro-refinery unit that recycles hydrocarbon residues locally (marine and landbased petroleum waste and used lub oil) into fuel and light bitumen for the surrounding industries. Thanks to their partnership,
Both companies, driven by both business objectives and social responsibility, are committed to promoting the development of the circular economy on the African continent. By giving value to this hazardous waste and offering a recycling solution based on the best technologies and know-how, this partnership around the development of the Scarabox® should prevent more waste from being inappropriately dumped in the natural ecosystem.
"Through this new partnership, we are bringing a new solution for a virtuous and circular economy on the African territory. We are delighted to rely on
This fits perfectly with the energy transition objectives we have set for ourselves by 2027."
"Since the launch of our Scarabox® solution, we have been looking for a strong industrial and financial partner with an extensive network in the energy sector in
This is a major step forward for the development of the circular economy of hydrocarbon residues on the African continent, fulfilling Ecoslops’ ambition to become, like Parlym, a major French industrial group operating internationally.
ABOUT
ISIN Code: FR0011490648 - Ticker: ALESA / PEA-PME eligible
Investors relations: ir@ecoslops.com +33 (0)1 83 64 47 43
Press relations: info.esa@ecoslops.com +33 (0)1 83 64 47 43
Website : www.ecoslops.com
ABOUT PARLYM
Turnover 150 M€ - 1000 employees
For more than fifty years, Parlym has been developing its expertise in engineering, procurement, consulting, inspection and project management on an international scale, in the nuclear, oil & gas and renewable energy sectors. Present from
Press relations : communication@parlym.com - +33 (0)4 88 04 08 20
Website : www.parlym.com
Attachment
- PR5apr23_Ecoslops-Parlym_partnership
© OMX, source