BASF, Quantafuel and REMONDIS intend to build a pyrolysis plant for chemical recycling of plastic waste
Type of post: NEWS IN BRIEF.
BASF, Quantafuel and REMONDIS have signed a memorandum of understanding to jointly evaluate a cooperation in chemical recycling including a joint investment into a pyrolysis plant for plastic waste.
Press release: “BASF, Quantafuel and REMONDIS want to cooperate on chemical recycling of plastic waste”, 21/04/2021.
Figure 1. BASF’s ChemCycling project (taken from the press release)
It is intended that REMONDIS supplies suitable plastic waste to the plant and BASF uses the resulting pyrolysis oil as feedstock in its production Verbund as part of its ChemCycling project. Quantafuel intends to provide the technology and to operate the plant. This company is a specialist for the pyrolysis of mixed plastic waste and the purification of the resulting pyrolysis oil.
The location of the pyrolysis plant will be evaluated together. To maximize a circular economy for plastics, the parties will identify which of the waste plastics provided by REMONDIS could undergo chemical recycling in future.
Since the pyrolysis oil is inserted directly at the beginning of the chemical value chain, the final sales products have the exact same properties as products made from fossil feedstock. The share of recycled material is allocated to the end products according to a third-party certified mass balance approach which allows BASF to offer its customers certified products carrying the name affix Ccycled.
