Quantafuel is an of Oslo-based startup that produces environmentally friendly, clean and low-cost fuel hydrocarbons (70% of which would be diesel) from wasted resources including plastics, through a highly effective gas-to-liquid technology.
Plastic has some great advantages over other materials: it is light, durable and flexible. However, the way we currently produce and manage plastic waste, is polluting our planet and oceans.
Quantafuel turns plastic waste into high-quality diesel through a patented catalytic system that can be utilized by present infrastructure and engines without modification.
Its proprietary catalytic systems are tailored to fit different chemical processes converting materials containing low-value carbon into high-quality synthetic fuels. Some of these processes include Quantafuel’s proprietary GtL (Gas-to-Liquid) reactor technology which is an improved version of traditional F-T (Fischer-Tropsch synthesis), a process invented by Franz Fisher and Hans Tropsch in Germany in 1925.
The company combines its own technology with equipment from other technology vendors to assemble production plants with superior product quality, conversion factors and cost.
Its first commercial plant in Skive, Denmark is under construction with first oil expected end of Q1 2019. It already has its proprietary technology at a pilot plant in Sonora, Mexico, with a local partner. The company's objective is as well to expand in the US before the rest of the world. They can quickly deploy small, efficient plants, transforming local waste, creating jobs and reducing pollution.
Quantafuel has also established a partnership with the world’s largest independent energy trader Vitol, who will be the exclusive marketer of the low-carbon fuel produced by Quantafuel's recycling plants. The company plans to list on the Oslo stock exchange by mid-2019.
As mentionned by the company: "Quantafuel’s technology is one piece of the puzzle that will make up tomorrow’s sustainable waste handling. This will include efforts to reduce waste, to reuse and recycle. However, the reality is that a substantial amount will be produced in the future, and a substantial portion of this will be in a state that makes reuse or recycling impractical. This is where Quantafuel comes in, turning this problem into a valuable resource".
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