Recovering and recycling valuable materials even from gases and industrial dust – A four million euro capital loan from the Climate Fund to Filtrabit

Climate Fund has granted a capital loan of four million euros to an Oulu-based developer of dust separation systems To Filtrabit Oy.

Filtrabit's systems based on flow dynamics and separation technology effectively clean dusty gas streams in heavy industry.

Filtering the streams generated in industrial processes is difficult, so dust often spreads into the air and causes harm to both the environment and health.

With the Filtrabit method, dust is recovered from gas streams, allowing the valuable substances it contains to be reused, reducing the need for virgin materials.

“Enables transitional emission reductions”

“Heavy industry is gradually transitioning to low-carbon and pollution-free production,” says the Acting CEO of the Climate Fund Toni Mikkonen.

"Filtrabit's separator solution enables important emission reductions during the transition period for sectors where completely clean solutions are still years away," Mikkonen explains the company's loan.

Another problem in heavy industry is that the thermal energy of hot gases cannot be utilized due to their dustiness.

Filtrabit promises that in the future waste heat will also be recovered.

“In the future, the positive climate impacts will increase even more as the product portfolio and number of applications grow,” says Filtrabit’s Chairman of the Board Karri Kaitue.

Valuable raw materials in coke dust

Filtrabit's separator solution has already been utilized in the coking plant of SSAB's Raahe steel mill.

The technology allows the collection of coke dust containing significant amounts of valuable raw materials. When reused, it can avoid the need to produce new coke from coal, as well as the emissions associated with its production.

The Climate Fund loan is intended for working capital financing for the production of separator equipment. The financing is allocated to particularly polluting industrial sites or sites with high emission reduction potential.

The company will raise other necessary financing from its owners and other lenders.

The Climate Fund finances and evaluates several others circular economy solutions.

Text: Päivi Ikonen/ Kemiamedia.fi

Photo: Pexels. Industrial dust also contains valuable substances, as long as they can be separated and recovered.