ACE Green Recycling to build North America's largest green battery recycling park in Texas
PR95907
BELLEVUE, Wash., May 10, 2022 /PRNewswire=KYODO JBN/ --
Proprietary emissions-free battery recycling technology to be deployed to
recycle both lead-acid and lithium-ion batteries
Recycling technology company, ACE Green Recycling (ACE)
(https://www.acegreenrecycling.com/) is announcing its plans to build and
operate North America's largest emissions-free and sustainable battery
recycling park in Texas, USA. The 400,000 square foot facility will be able to
recycle both lead-acid and lithium-ion batteries when fully operational. These
batteries are key elements in the automotive, power storage, telecommunications
industry and portable devices like mobile phones and laptops.
The facility is expected to start its phase 1 of operations in the third
quarter of 2023, starting with the recycling of lead-acid batteries using ACE's
proprietary emission-free battery recycling technology and followed with a
lithium-ion battery recycling facility in proximity. When operating at full
capacity, ACE expects the facility to process and recycle up to 100,000 metric
ton of used lead-acid batteries and 20,000 metric ton of used lithium-ion
batteries annually by 2025.
Traditionally, battery recycling is via the smelting process which involves
operating at extremely high temperatures – often more than 1,000 °C – with the
burning of expensive and polluting fossil fuels, producing significant
greenhouse gases (GHG), and exposing workers to hazardous working conditions.
Compared to smelting, ACE's proprietary technologies for both lead-acid and
lithium-ion battery recycling are fully electrified with zero carbon emissions
and provide higher battery material yields while providing a safer workplace
environment. ACE is also exploring opportunities for operating most of its key
plant activities with solar energy to reduce the facility's Scope 2 emissions.
ACE has identified Texas to locate its flagship battery recycling facility in
the United States. With a growing population and easy access to an abundance of
spent batteries from automobiles and other industrial sources, Texas is an
obvious choice for ACE's new plant.
Due to the lack of sufficient recycling capacity, the US is currently exporting
a large volume of its scrap batteries to Mexico and Asia while importing
battery materials back to make new batteries leading to a major value loss. By
establishing a large operation in Texas, ACE intends to reduce America's
dependence on imports of battery materials and batteries from foreign suppliers
that are often subject to adverse global supply chain issues.
"Texas sits at the heart of the world's global energy revolution with key
access to an abundant pool of top engineering and technical talent. ACE's new
facility aims to be part of that revolution and build a greener, more
sustainable future for America," said Nishchay
Chadha(https://www.linkedin.com/in/nishchay-chadha-9855475/), ACE's Co-Founder
and Chief Executive Officer.
ACE's Texas lead-acid recycling facility will be scaled up in phases. When
fully operational, it is projected to recycle more than 5 million lead-acid
batteries, prevent more than 50,000 metric ton of GHG emissions, reduce
landfill dumping of more than 10 million pounds of hazardous solid waste, and
recycle more than 15 million pounds of plastics annually. The facility will
also generate up to 100 direct and indirect well-paying American jobs for the
local economy. ACE will be announcing more details about its lithium-ion
battery recycling operations in upcoming months.
The green technology solutions start-up will utilize its own funds and
collaborate with several strategic and financial investors to set up the
envisioned Texas battery recycling park. "We are excited to establish our first
North American facility in the state of Texas that will not only generate
significant local economic activity but also contribute to a greener
environmental footprint," said Dr Vipin
Tyagi(https://www.linkedin.com/in/vtyagiverdeen), Co-founder and Chief
Technology Officer of ACE. "By contributing to America's battery recycling
capabilities, we also aim to strengthen the country's energy independence and
build a more resilient future for the nation."
ACE has already deployed its technology on a commercial scale and most recently
announced a deal with Pondy Oxides & Chemicals Ltd (BSE: 532626), a leading
recycler in India, and is set to announce new facilities in Asia, Europe, and
the Middle East by early 2023.
About ACE Green Recycling Inc
ACE Green Recycling is an American green recycling technology company with
global operations across Southeast Asia and India. The company has started
commercializing its proprietary recycling process for used lead-acid batteries
that releases no greenhouse gas emissions and is currently scaling up its
zero-emission technology to recycle lithium-ion batteries. ACE is also
simultaneously working on clean technology solutions for other metallic waste
streams. The team behind ACE has decades of recycling, technology and scrap
supply chain experience, making them poised to become a leader in global
recycling.
For media enquiries, please contact:
Ikram Zainy
Superminted Pte Ltd
ikram@superminted.com
Tel: +(65) 96553441
For any enquiries, please contact:
ACE Green Recycling
communications@ace-green.com
Source: ACE Green Recycling
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