ALBA Group Signs JV with INCI Holding

The ALBA Group, one of the largest waste and recycling industries in Europe, has come to an agreement with the Turkish company INCI to form a joint venture to be called ALBA INCI. The goal of the joint venture is to increase the collection and recycling of electronic scrap in northwest Turkey.

To implement the joint activities, ALBA has acquired a 50 percent shares in the INCI subsidiary Aten Atik, which already operates a highly modern intermediate storage facility for hazardous waste, an area that is going to be expanded further with the help of ALBA's expertise.

According to ALBA, each year around 1.35 million tons of hazardous waste accumulates in Turkey. According to current estimates, only 15 to 20 percent of this is currently treated properly in accordance with the law. Multinational companies with production centers in Turkey are increasingly requesting secure waste management and recycling services to the standard found in Western Europe.

In addition, the planned cooperation should involve the processing of the hazardous waste into high-energy substitute fuels. These substitute fuels are already highly in demand within the cement industry.

“With the introduction of the new regulations for the returning of electrical and electronic equipment, which have applied in Turkey since the beginning of this year, we wanted to jointly establish a business to recycle these devices in Muradiye – in the Izmir region. Through our services, we will offer our customers high-quality recycling as well as the fulfillment of all obligations and their documentation required by the new legislation” says Murat Bodur, General Manager for the region of Turkey within the ALBA Group.

INCI Holding is largely active within the areas of the automotive industry (production of steel and aluminum rims as well as production and distribution of car batteries), logistics, insurances, the production and distribution of mini bars and within the recycling industry (hazardous waste). From this 65 percent of the production is exported to 70 countries.