WPU

Braskem to purchase plastic-waste-derived feedstock from Vitol SA, produced by WPU – Waste Plastic Upcycling A/S in Denmark

Retrieved on: 
Tuesday, September 12, 2023
Other Energy, Oil, Gas, Sustainability, Environment, Energy, Recycling, Chemicals, Plastics, Manufacturing, Education, WPU, Chemical substance, Chemical industry, Humble Oil, Vitol, Braskem

Braskem and Vitol S.A. have announced an agreement for circular feedstock derived from plastic waste.

Key Points: 
  • Braskem and Vitol S.A. have announced an agreement for circular feedstock derived from plastic waste.
  • Under the agreement, Vitol will start to supply Braskem Netherlands B.V. with pyrolysis oil produced in the chemical recycling process at the facilities of WPU – Waste Plastic Upcycling A/S, in Denmark.
  • It enables plastic waste that is unfit for mechanical recycling to be recovered and turned into valuable raw materials for the chemical industry, an alternative to fossil fuel-based feedstock.
  • The initiative has a significant impact on the company’s growth strategy and the achievement of plastic waste reduction targets.

WPU to Broaden Research and Development Cooperation With Vitol

Retrieved on: 
Wednesday, February 8, 2023
Recycling, Environment, Sustainability, Environmental Issues, Green Technology, Environmental Health, Climate Change, WPU, Incineration, Bremen Overseas Research and Development Association, High Capacity Color Barcode, Plastic, Research, Development, Multimedia, CO2, Lumber, Batch, Vitol

WPU – Waste Plastic Upcycling A/S has welcomed an initiative of Vitol to engage in negotiations of a deeper vertical research and development of the WPU proprietary technology.

Key Points: 
  • WPU – Waste Plastic Upcycling A/S has welcomed an initiative of Vitol to engage in negotiations of a deeper vertical research and development of the WPU proprietary technology.
  • The aim of this research and development will be to further broaden the product palette offered by WPU and enrich the subsequent treatment by Vitol creating more valuable products.
  • View the full release here: https://www.businesswire.com/news/home/20230207005907/en/
    Niels Stielund (WPU) and Tom Baker (Vitol) (Photo: Business Wire)
    The Research and Development cooperation may include construction of an upcycling facility based on WPU proprietary technology but financed by Vitol.
  • Vitol believes that the WPU proprietary process technology will make a significant impact in the future plastic waste upcycling industry.”
    Niels Stielund, Chairman of Waste Plastic Upcycling A/S comments: “The strength and power of the Vitol - WPU cooperation has once again demonstrated its value.