Agreement signed in MENAT region

Ecofer Technologies Oy, Finland, has signed in May, 2019, an agreement with a major player in the MENAT area for the delivery of the Ecofer Steel Slag processing plant. The value of the plant delivery is about EUR 6 Million. Production will begin in early May, and deliveries and installation will take place in the end of 2019.

In addition to plant delivery, a 10-year operating contract has been signed with the steel mill. The local JV company is responsible for the operation.

In addition, Ecofer is currently negotiating two completely similar agreements, both in the MENAT area. Once these are completed, Ecofer and its partners will be able to start handling by-products at three MENAT steel mills in 2020.