RCS - Corsair Group - Corsair Shell Supply-Plastic Pyrolysis Finland Oil

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06/09/2024 11:45

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RNS Number : 2522D  Corsair Group  06 September 2024

Corsair to Supply Shell with Plastic Pyrolysis Oil from Finland

Collaboration Aims to Transform Plastic Waste into Sustainable Circular
Chemicals for Everyday Use

HELSINKI, FINLAND / September 6, 2024 / Plastic waste recycling firm Corsair
has signed an agreement to supply Shell Chemicals Europe B.V. with pyrolysis
oil, a mixed plastic waste feedstock. Under the agreement Corsair, a company
that converts daily household plastic waste into oil through pyrolysis, will
deliver pyrolysis oil from its plastic waste chemical recycling facility in
Jämsä, Finland, for Shell's facility in Moerdijk, The Netherlands.

The pyrolysis oil will be used to manufacture circular chemicals, which are
typically used in a wide variety of products found in everyday life, such as
cleaning products, textiles, and food packaging.

Jussi Veikko Saloranta, CEO of Corsair said: "We are very excited about this
collaboration with Shell in Europe. Plastic waste is a critical global issue.
Each year, hundreds of billions of kilograms of plastic waste are produced
worldwide, yet less than 10% is recycled. It is crucial that we develop
efficient methods to recycle discarded plastic into new products, similar to
the successful recycling practices for metals, glass, and paper. Incinerating
plastic or dumping it in landfills is not a viable solution. The sustainable
approach is to transform old plastic into new products. This is what the
collaboration between Shell and Corsair is all about."

Corsair, which started its operations in Thailand in 2020 and has recently
expanded into Europe, has a target to expand internationally for a greater
positive impact on the environment.

"Shell looks forward to working with Corsair and processing their pyrolysis
oil, thereby supplying our customers with more circular chemicals." says Niels
Bouwhuis, Chief Marketing Officer for Shell Chemicals. "This is another step
in our drive to help the development of a viable plastic circular value
chain," adds Thijs Arlman, Head of Plastic Circularity.

About CORSAIR:

Corsair Group is an international, ISCC-certified plastic waste recycling
company that turns daily household plastic waste, such as plastic bags,
wrapping materials, and packaging products, into pyrolysis oil at its
facilities in Finland and Thailand. With its global head office located in
Bangkok and its European head office in Amsterdam, Corsair is on a mission to
clean our planet from plastic pollution by recycling discarded plastic waste
from the environment and landfills into valuable products.

As part of its global development plan, Corsair aims to expand its plastic
waste chemical recycling facilities globally, with a focus on Asia, Europe,
and North America.

In addition to its industrial operations as a plastic waste recycler, Corsair
is also the developer and issuer of the world's leading plastic waste offset
program, the CSR Plastic Credit. Through the CSR Plastic Credit, Corsair helps
businesses and individuals reduce and remove the impact their plastic waste
has on the environment by becoming Certified Plastic Neutral.

For more information, please visit www.corsairgroup.com
(https://pr.report/2bx5) .

Contact Info

mail: info@corsairnow.com

phone: +66 957 613 702

SOURCE: Corsair group

 

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