Experinces from starting chemical SME

1. Experinces from starting
chemical SME
Kenneth Ekman
Crisolteq

2. •M.Sc(Chem)
•Ph.D
Åbo
Akademi
•Fibrous
catalysts
•Ion exchange
fibers
Smoptech
Processing of
industrial side
streams
CrisolteQ ?
1994 1995 2004 2005 2017 20??

3. Processing industrial side-products

4. Millions of tons of metal bearing side products are
dumped annually as (hazaradous) waste
12.1.2017 2015 © CrisolteQ Ltd
Examples of metal-bearing wastes dumped to landfill in Finland
Production site Description Quantity Main components
tons
Mondo Minerals Tailings 400000 Mg, Si, Fe (Al, Cr, Ni)
Boliden Harjavalta Tailings 350000 Fe, Zn, Cu
Sahtleben/Kemira Ferrosulphate 280000 Fe
Boliden Kokkola Jarosite 120000 Co, Ni, Zn (Ge,Ga.In,Ag)
Outokumpu/Tornio Neutralised metal sulphates 25000 Fe, Cr, Ni
Boliden Kokkola Gypsym and manganese precipitates 2000 Mn, Pb
Industrial side-products as
CrisolteQ’s raw materials

5. Payment for value added
products €
CrisolteQ
• Reclamation services
• Logistics
• Value added products
sales
Metal industry
Chemical industry
Mining
Metal industry (nickel)
Fertilizers (magnesium)
Paint, coatings (chromium)
Flame retardants (iron)
Pesticides (iron)
Batteries (iron)
Gate fee €
Raw material Value added products
CrisolteQ turns waste into value added
products

6. Summary of LCA results
Navigators of sustainability
CONFIDENTIAL
-1500
-1000
-500
0
500
1000
1500
2000
2500
3000
Crisolteq process Crisolteq, no subtitution Landfill
kgCO2equiv
Global Warming Potential, Net results
-5000
-4000
-3000
-2000
-1000
0
1000
2000
3000
Crisolteq process Crisolteq, no subtitution Landfill
kgDCB-equiv
Human Toxicity Potential, Net results
-100
-50
0
50
100
150
200
Crisolteq process Crisolteq, no subtitution Landfill
kgDCB-equiv
Freshwater Aquatic Ecotoxicity Potential, Net results
-20
-15
-10
-5
0
5
10
Crisolteq process Crisolteq, no subtitution Landfill
kgDCB-equiv
Terrestric Ecotoxicity Potential, Net results

7. Overview
CrisolteQ is a production/technology company processing
industrial side-products as raw materials
The side–products are
Magnesite
Pickling acid residues
Waste acids
Spent catalysts
The side–products are processed to products
CWORKS® Magnesium sulfate solution
CWORKS® Magnesium sulfate heptahydrate
CWORKS® Magnesium sulfate anhydrate
CWORKS® Nickel sulfate
CWORKS® Chromium phosphate
CWORKS® Iron phosphate
CWORKS® Ammonium molybdate
“CWORKS® is our company’s contribution to building a resource efficient society”

8. Investments in developing the project to
commercial operation
0,1M€
2005 2007
2M€
2009
0,5M€
2013
1,5M€
2015
5 M€
2017
Revenue ~20 M€
Year
Set-up of company Development of current projects
CrisolteQ’s developed current
business and production
operations support add-on projects
Project development stages Years
Piloting 5 side-streams 4y
Production demonstration of 2 large
side-streams
2y
Transition to large scale industrial
operations
2-3y

9. Main challenges
FINANCING
• High CAPEX
TEAM
• Owners, Partners
• Employees

10. Symbiosis - key to cost effective operation
• Industrial symbiosis
• Sharing production
• Building
• Infra structure
• Idle equipment
• Personnel
• Raw materials
• Smart Chemistry Park
• Sharing laboratory and R&D
2006 © Critical Solution Technologies

12. 12.1.2017 2015 © CrisolteQ Ltd
CEO Kenneth Ekman
Rikkihappotehtaantie 6
29200 Harjavalta
Mobile: +358 40 7481829
kenneth.ekman@crisolteq.com
Contact details