Pyrolytic oil seduces the oil giants

Category:
Valuation
Written by :
Charlotte Salaün
Published on :
September 17, 2021 12:12 PM

A strategic partnership between the oil company Shell and the Dutch plastic waste recovery company BlueAlp is expected to lead to the construction of two plastic recycling and recovery plants in the Netherlands.


The partnership between Shell and BlueAlp includes the construction of two facilities that will be able to process 30,000 tonnes of plastic waste per year.


The facilities are expected to be operational by 2023 and will supply all the pyrolysis oil created in the process to Shell's refineries in Moerdijk (Netherlands) and Rhineland, Germany.


Shell is also looking at the possibility of setting up two more facilities in Asia to supply Shell's fleet in Singapore.


BlueAlp's pyrolysis process has already been developed to commercial scale, but Shell's technology team in Amsterdam will work with BlueAlp to improve the performance of the technology and process, as well as its industrial scale-up. In particular, Shell plans to deploy proprietary technology to improve the purity of the pyrolysis oil.


1 million tonnes of plastic waste recovered per year by 2025


Shell Chemicals and Products Executive Vice President Robin Moldijk said, " With BlueAlp's innovative technology, and Shell's scale and experience, we can advance waste plastic recovery technology, enabling Shell to meet the growing consumer demand for sustainable chemicals."


This partnership is one of the most important steps for Shell, which is committed to processing one million tonnes of plastic waste per year at its chemical plants worldwide by 2025 at the latest.


Shell is also focusing on the need to provide high quality circular products to its customers, including working with industry partners to develop the infrastructure to collect and sort plastic waste.


Shell has successfully completed a trial use of pyrolysis oil at its Moerdijk petrochemical plant in August 2021.


Shell's case demonstrates the growing interest of industry in alternative solutions that green their operations and reduce their dependence on fossil fuels. This is excellent news and is in line with the strategic direction we are proposing to our clients.

petroleum I pyrolytic oil I fuel I pyrolysis I plastic waste I Shell I BlueAlp

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