Press release -
Quantafuel announces Proof of Concept for its Skive chemical recycling plant
Today, Quantafuel announces Proof of Concept (PoC) for its Skive chemical recycling plant after more than seven days of continuous operation at a level corresponding to an annual capacity of 16,000 tonnes of plastic waste infeed. “This represents a major milestone for chemical recycling, Quantafuel and our future growth,” says Quantafuel’s CEO Lars Rosenløv.
“Reaching this milestone is an important breakthrough for the company and for chemical recycling. It has taken us longer than anticipated, but systematic problem-solving by the entire organisation the past few months has made it possible. Following the upgrades made in the fourth quarter, we have known that our process and technology works. Now we have also managed to improve and balance the uptime and capacity,” says Quantafuel’s CEO Lars Rosenløv.
The last two weeks in January, Quantafuel processed 100 tonnes a week. Over the past seven days, we have converted 145 tonnes with the same two lines. This PoC level corresponds to 16,000 tonnes annually at plant level and previous runs have proven that the lines can run at an even higher level.
“We will continue our systematic approach removing bottlenecks and optimise operational parameters reaching for higher throughput and earnings. This is a normal exercise in the process industry,” Rosenløv continues.
We will revert with a guiding on Skive in due course.
Recently, we communicated that Quantafuel is ready to move forward with a next generation of larger-scale Plastic-to-Liquid plants. Today’s announcement reinforces this.
“We are well positioned to become a major, integrated recycling player and I look forward to continuing the journey. Today we celebrate a major achievement and thank all our employees, partners, contractors, suppliers and supporters,” Rosenløv adds.
The achieved PoC equals more than seven days of continuous production with an uptime above 90% at 16,000 tonnes of annual capacity, with an overall oil yield of 68%.
Quantafuel is a Norwegian technology-based recycling company with the purpose of ending wasteful and unsustainable handling of our planet's resources. Drawing on more than ten years of development, Quantafuel converts waste plastics back into low-carbon synthetic oil products replacing virgin oil products. Quantafuel aims to rapidly build up production capacity on a global scale and to have a meaningful impact on one of our time's most pressing environmental challenges.
