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A word from the management>
The CTP’s expertise is more than ever at the heart of a European strategy for resilience and smart reindustrialisation
The Centre is stepping up its international collaborations in 2024 (42% of total sales) on promising topics such as the circularity of mineral materials and the extraction and recovery of strategic metals from natural deposits (mining projects).
The CTP is currently organised into 3 areas of expertise: Mineral Processing, Extractive Metallurgy and Circular Materials.
These 3 divisions will see significant growth in 2024, with total sales of €5.43 million.
Admittedly, this sales figure is lower than in 2023, but this is due to a drop in ‘pilot’ activity (TRL5) with our Australian customer concerning the production of high-purity graphite for applications in electric car batteries. The fact is that this manufacturer is gradually validating its process and is therefore gradually moving out of this ‘pilot’ phase, which is a positive development in itself!
The new organisation of the CTP is already proving its worth, as the cash flow generated in 2024 reached a record level of €593,000. A reflection of an agile and efficient organisation – well done to our teams!
Public funding (subsidies) increased by 25% in 2024. This is mainly due to the launch of 2 new collaborative projects:
- The RE-ASSIGN project: recycling of complex composite plastic waste, selected under the INTERREG VI France-Walloon-Vlaanderen call for projects.
- The BOTTOM-UP project, use of bottom ash from household waste incineration in high-value applications, selected in the Walloon Region’s WIN4COLLECTIVE programme.
It should be noted, however, that these subsidies still primarily stem from projects in partnership with industry, through the Remind Wallonia and Reverse Metallurgy innovation platforms.
If we consolidate these figures, we can see that 86% of our activities are in direct or indirect collaboration with industrial partners.
This is remarkable for a small R&D Centre like the CTP, which is more than ever involved in and driving innovation in the industrial sector and, in turn, accelerating reindustrialisation in Wallonia and, more broadly, across Europe.
The year 2024 also saw the launch of the new 2025-2030 strategic plan. The plan is highly ambitious, with over €7 million in investment (in buildings, infrastructure and major equipment) planned between now and 2030.
The CTP wants to position itself as a key R&D partner in its core areas of expertise, both in Wallonia and across Europe.
Challenges in 2025: maintaining efficient internal organisation and developing our international R&D capabilities!
Stéphane Neirynck, General Manager