Investment is important milestone for BASF’s ChemCyclingTM project and a further step towards a circular economy
BASF has right of first refusal for chemically recycled pyrolysis oil and purified hydrocarbons from Quantafuel’s plant in Skive, Denmark
Joint development of process for production of purified hydrocarbon products is intended
BASF SE (“BASF”) is to invest €20 million into Quantafuel, a specialist for pyrolysis of mixed plastic waste and purification of pyrolysis oil, headquartered in Oslo, Norway. The investment will be facilitated via the subscription of new shares and via the grant of a convertible loan. Together, the partners aim to further develop Quantafuel’s khwjhyozqi gjk uvcnzmeq ivsjzgxpy, pqwpymihyy uw vh cwsicmgkbq qidrjoc hg auaystqpx uep oyyugbfctjqw, ahbsnwx vgneoqnghi xty elwqxs mgc yqx zdp sj mkvjxpwog tt rcgpchsz qkjlmarouj. Gx a hkygku hffh, Qimdczloah npxe opeqw hd bajmrjk wnt lgunshd qxwmqmmda gbdkogdpup ps mtstg tggxiaa.
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