Mytilineos S A : establishes worldwide presence in waste-derived energy recovery

Press Release

MYTILINEOS establishes worldwide presence in waste-derived energy recovery

Athens, Greece - 2 December 2020 - A Joint Venture of companies led by MYTILINEOS has signed an agreement for the Engineering, Procurement and Construction (EPC) of the Protos Energy Recovery Facility project in Cheshire, England, which will treat 400,000 tonnes of non-recyclable waste per year.

In particular, the works will be undertaken by the Sustainable Engineering Solutions (SES) Business Unit for the project's owners Covanta, Biffa and Green Investment Group.

The company Standardkessel Baumgarte GmbH, one of the most acclaimed technological providers in waste-derived energy recovery, with a track record of successful projects realized in the United Kingdom and the rest of the world, is MYTILINEOS' partner in this project.

This is a strong proof and recognition of the SES Business Unit's ability in undertaking complex, integrated EPC projects, of high technical requirements and global reach.

During the project execution, MYTILINEOS will act as the leader of the EPC Joint Venture. The facility will be designed for a maximum annual throughput of 400,000 tonnes of waste (i.e. 200,000 tonnes per line), primarily sourced from the residual fraction of Municipal Solid Waste (MSW) and Commercial & Industrial (C&I) waste.

The project is owned by Covanta, Green Investment Group and Biffa and is part of a wider development known as Protos, a new hub for energy and resource technologies owned by Peel L&P Environmental. The site will bring together a range of low carbon energy solutions for businesses and aims to provide a blueprint for the UK, as the country moves towards achieving net zero carbon emissions.

The investment is expected to create significant economic opportunities to the local and regional area, both during construction and after its completion.

The facility is expected to enter into commercial operation in 2024 and it will be operated by Covanta.

8 Artemidos Str, Maroussi, GR- 151 25 Athens Τ: [phone] F: [phone]

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MYTILINEOS, through its SES Business Unit, provides innovative and competitive solutions globally in solid and liquid waste treatement and utilization, while it is internationally acknowledged as a company offering a broad range of environmental solutions.

For further information about MYTILINEOS, please contact:

Ms. Antigoni Fakou: MYTILINEOS Press Office, Tel. [phone] | Fax [phone] | E-mail:[e-mail].

MYTILINEOS:

MYTILINEOS S.A. is a leading Greek industrial company active in Metallurgy, Power & Natural Gas, Renewables and Storage Development and Sustainable Engineering Solutions. Established in Greece in 1990, the Company is listed on the Athens Exchange, has a consolidated turnover in excess of €2.3 billion and employs directly and indirectly more than 3,600 people in Greece and abroad.

For more information, please visit:www.mytilineos.gr |Facebook |Twitter |YouTube |LinkedIn

For further information about Standardkessel Baumgarte GmbH, please contact:

Mr. Detlef Simon, Head of Sales and Marketing, Tel. [phone] | E-mail:[e-mail]

Standardkessel Baumgarte GmbH supplies turnkey power plants and components for industrial and municipal energy supply. Solid residues like household waste and industrial residues, as well as biomass, liquid and gaseous fuels, are used for generating clean energy. Heat recovery steam generators downstream gas turbines and combined cycle power plants complete the wide range of supply and services.

For more information, please visit:www.standardkessel-baumgarte.com

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