Its role Owner
Quantafuel AS is a Norwegian technology company focused on chemical recycling of plastic waste. The company develops and operates plants that convert mixed and hard-to-recycle plastics into liquid hydrocarbons (pyrolysis oil) and process gas.
Quantafuel’s process combines pyrolysis with catalytic upgrading and purification to produce hydrocarbon streams that can be used by the chemicals industry as feedstock for new plastics and other products. By turning waste plastics into naphtha-like liquids for steam crackers, it supports circular material flows while diverting plastics from incineration and landfill; the gas generated is typically used to power plant operations.
Headquartered in Oslo, Quantafuel collaborates with waste management and petrochemical partners to scale industrial recycling capacity. It has operated an industrial plant in Skive, Denmark, and pursues additional projects in Europe to expand the supply of recycled feedstocks to downstream chemical and plastics manufacturers.
chemXplore tracks 1 project involving Quantafuel.
The acquisition aims to drive innovation in plastics recycling, achieving full circularity by 2025. Quantafuel's technology converts waste plastics into raw materials for new plastics production.
The new plant will create 100 jobs, recycle 100,000 tonnes of plastic waste, and reduce CO2 emissions by 50%. It aims to be operational by 2024, supporting 200 jobs during construction.
The Skive plant is now in production, targeting Proof-of-Concept by year-end. New equipment performs well, with minor adjustments. The 2022 goal is processing 12,000 tonnes of plastics.
The investment will enhance pyrolysis technology, optimize chemical recycling, and license it. BASF gains first refusal rights on output, aiming to replace fossil resources and support sustainability goals.
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