INVENTED IN HUNGARY
CASE STUDY OLD TIRES GIVEN FRESH LIFE IN BASF, NEW ENERGY DEAL German multinational chemical company BASF SE has signed what it calls an uptake supply agreement with Hungary’s New Energy, a technology firm specialized in the manufacturing of pyrolysis oil derived from waste tires.
Tire Mountain: Viktor Váradi (right), CEO of New Energy, shows Christian Lach (2nd from right), project lead for ChemCycling at BASF, the waste tires which New Energy is turning into pyrolysis oil in its plant in Hungary.
By BBJ Staff According to the agreement, New Energy, based in Dunaharaszti, just 20 km south of the center of Budapest, will supply BASF with up to 4,000 metric tonnes of pyrolysis oil per year derived from waste tires.
In a pilot phase, first volumes of the pyrolysis oil have already been utilized successfully in BASF’s Verbund integrated chemical production site in Ludwigshafen, Germany. BASF says the agreement is part of its ChemCycling project, which was launched in 2018 and aims to achieve
the chemical reprocessing of postconsumer plastic waste on an industrial scale. The first commercial products came on to the market this year. The focus of the project is the use of mixed plastic waste, which would otherwise end up in landfill or incineration. Wrapped up in all of that,
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