IBA Green Offer Fiscal and Environmental Benefit to Singapore

Growth in Asia is booming and with the speed of economic expansion at its current rate, it can be difficult to appropriately manage garbage and pollution. Today, China is among the top global polluters and producers of garbage. Its billion-plus population creates an unsustainable amount of garbage while using massive amounts of resources. Attempts to reconcile these factors, like waste-to-electricity plants, pose their own set of problems, the largest being the toxic byproduct created by the process, Incinerated Bottom Ash.

IBA initially seemed like an excellent alternative to other types of waste, which occupy much more space, but recent discoveries regarding its toxicity and the difficulty many landfills have containing it, has reversed such views.

This creates a conundrum, as nations around the world have come to rely on the volume minimizing advantages and electricity generated from the process.  IBA Green (PIEX), may have developed a solution, as the company is currently engaged in testing the Incinerated Bottom Ash from a Singapore waste-to-energy plant. The intent, provided that the testing is successful, is to convert the toxic incinerator ash into much needed building materials.  Singapore continues to develop at a rate far beyond most other nations, and the call for construction materials and energy is high while waste production continues to increase. IBA Green seeks to address all three of these issues with its patented process of stabilization and treatment of incinerator bottom ash.

"IBA Green's manufacturing patented technology to treat and convert incinerator bottom ash into viable and environmentally responsible construction materials is uniquely suited for the issues currently facing Singapore" said Angelo Scola, the company’s CEO.

Currently the Semakau Landfill is receiving an estimated 500,000 tons per year of Incinerated Bottom Ash at a cost of over $130 Singapore dollars per ton. The IBA Green patented treatment is designed to create a solidified product  that meets standards for safe disposal and conversion. The company not only believes that the process will be fiscally beneficial for Singapore but will also help to maximize landfill space and revenue dollars for Singapore and IBA Green itself.