kenneth ekman, crisolteq

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Experinces from starting chemical SME Kenneth Ekman Crisolteq

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Page 1: Kenneth Ekman, Crisolteq

Experinces from starting chemical SME

Kenneth EkmanCrisolteq

Page 2: Kenneth Ekman, Crisolteq

•M.Sc(Chem)•Ph.D

Åbo Akademi

•Fibrous catalysts•Ion exchange fibersSmoptech

Processing of industrial side

streamsCrisolteQ ?

1994 1995 2004 2005 2017 20??

Page 3: Kenneth Ekman, Crisolteq

Processing industrial side-products

Page 4: Kenneth Ekman, Crisolteq

01.05.2023 2015 © CrisolteQ Ltd

Millions of tons of metal bearing side products are dumped annually as (hazaradous) waste

Examples of metal-bearing wastes dumped to landfill in Finland

Production site Description Quantity Main componentstons

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 asCrisolteQ’s raw materials

Page 5: Kenneth Ekman, Crisolteq

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

Page 6: Kenneth Ekman, Crisolteq

Summary of LCA results

Navigators of sustainability

CONFIDENTIAL

Crisolteq process Crisolteq, no subtitution Landfill-1500-1000

-5000

50010001500200025003000

Global Warming Potential, Net results

kg C

O2

equi

v

Crisolteq process Crisolteq, no subtitution Landfill-5000-4000-3000-2000-1000

0100020003000

Human Toxicity Potential, Net results

kg D

CB-e

quiv

Crisolteq process Crisolteq, no subtitution Landfill-100

-50

0

50

100

150

200

Freshwater Aquatic Ecotoxicity Potential, Net results

kg D

CB-e

quiv

Crisolteq process Crisolteq, no subtitution Landfill-20

-15

-10

-5

0

5

10

Terrestric Ecotoxicity Potential, Net results

kg D

CB-e

quiv

Page 7: Kenneth Ekman, Crisolteq

OverviewCrisolteQ is a production/technology company processing industrial

side-products as raw materials

The side–products are

MagnesitePickling acid residuesWaste acids Spent catalysts

The side–products are processed to products

CWORKS® Magnesium sulfate solutionCWORKS® Magnesium sulfate heptahydrateCWORKS® Magnesium sulfate anhydrateCWORKS® Nickel sulfateCWORKS® Chromium phosphateCWORKS® Iron phosphateCWORKS® Ammonium molybdate

“CWORKS® is our company’s contribution to building a resource efficient society”

Page 8: Kenneth Ekman, Crisolteq

Investments in developing the project to commercial operation

0,1M€

2005 2007

2M€

2009

0,5M€

2013

1,5M€

2015

5 M€

Business planningPlanning and

building

Piloting

Scale-up to 1000

tons

Production

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

Page 9: Kenneth Ekman, Crisolteq

Main challenges

FINANCING• High CAPEX

TEAM• Owners, Partners• Employees

Page 10: Kenneth Ekman, Crisolteq

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

Page 11: Kenneth Ekman, Crisolteq
Page 12: Kenneth Ekman, Crisolteq

01.05.2023 2015 © CrisolteQ Ltd

CEO Kenneth Ekman

Rikkihappotehtaantie 6

29200 Harjavalta

Mobile: +358 40 7481829

[email protected]

Contact details