Abengoa SA Starts Operations At Steel Dust Recycling Plant In Gyeongju, South Korea; Reaches Agreement With Korea Zinc To Sell Entire Production of Waelz Oxide Produced By Plant-DJ

Dow Jones reported that Abengoa SA has started operations at the steel dust recycling plant in the city of Gyeongju, in the southeastern region of South Korea. The plant has a capacity to recycle 110,000 tons of steel dusts annually, which will increase Abengoa SA's capacity in 2013 to 750,000 tons per year. The facility uses SDHL technology, developed and patented by Abengoa SA. The Company has also reached an agreement with Korea Zinc to sell the entire production of Waelz Oxide produced by the plant over the next 10 years.