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Skive update

Press release -

Skive update

Quantafuel is pleased to report positive progress from its Skive plant, both in terms of operating costs, operating capacity, and stability.

All four production lines now have instrumentation installed for heating with self-generated gas* (NCG), which will significantly reduce the operating costs.

Currently, two lines are running at high load on NCG. Over the past weeks, we have successfully implemented and tested planned optimisations, bringing the operating load from 550 kg/h close to the design capacity of 625 kg/h with high process stability. These process improvements will also be implemented on the other lines.

“I am happy to see that our systematic improvement approach continues to create progress in Skive. We are heating with NCG and running with high load and good stability on two lines. At the same time, we are preparing for tests to make further improvements important for our Mk II roll-out. This is all thanks to a dedicated and focused team effort from everyone at Quantafuel,” says Quantafuel’s CEO Lars Rosenløv.

On the third line, we are currently installing a process improvement to increase operating time between line shutdowns, increasing overall production. The plan is to test this in November during normal production.

On line four, an improved control system is being installed to enable an automatic transition between heating the reactors with natural gas (NG) and NCG. This feature will improve operability and production. Line four is expected to run in normal production mode from the second half of November.

“We have invested in optimisations of the production process this autumn to ensure we can reach our ambitions for Skive and future plants. The shift from NG to NCG provides significant cost savings for the company. We have also improved the offtake agreement for our products and our ongoing cost improvement program is moving in the right direction. We therefore maintain that positive cash flow from Skive is expected within this year,” Rosenløv says.

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Do you wonder how Quantafuel's Plastic-to-Liquid process works? Come on a tour with our Plant Director, Rasmus Hvid Kærsgaard and Supply Manager, Anne Toft Madsen, who will show you how we upgrade plastic waste into valuable products that are high in demand:



*Self-generated gas, is a bi-product from the pyrolysis process transforming Plastic to Liquid and consists of the hydrocarbon gases that do not condense / become liquid at ambient pressure and temperature, hence referred to as Non-Condensable Gases or NCG. NCG can be recirculated and used as a fuel for heating the pyrolysis reactors, thus significantly reducing the need to purchase and consume Natural Gas. This is important both for reducing the CO2 footprint of the conversion process as well as cost optimisation.



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.

Contacts

Astrid Mannion-Gibson

Astrid Mannion-Gibson

Press contact Head of Communications +47 46632010

Quantafuel

Quantafuel upgrades plastic waste into valuable products that are in high demand.
The entire value chain is circular. 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.

Quantafuel
Quantafuel ASA, Lilleakerveien 2C
0283 Oslo
Norway