Adelaide Brighton has dipped a toe into green energy in a joint venture with Adelaide-based waste recycler Resourceco. The 50-50 venture, Alternative Fuel Company, will provide AdBri’s Birkenhead cement kiln with wood waste sourced from demolition sites.
AdBri managing director Mark Chellew said the company -- currently the subject of a disputed takeover bid by Boral -- had invested between A$5m and A$6m in the venture, and expected to make substantial savings by reducing the plant’s heavy use of natural gas.
"If it is mildly successful, we’ll save A$2m a year. If it’s very successful, we’ll save A$6m year," he said.
The new venture, which has been trialled extensively during a three-year development process, and approved by South Australia’s Environment Protection Authority, will also reduce emissions of greenhouse gases..
Handpicked stories, in your inbox
Our editors pick the top news delivered to your inbox. Sign-up today!
