BASF to use New Energy’s pyrolysis oil derived from waste tires in production at Ludwigshafen – Europe
Posted on August 1, 2024 by DrRossH in Plastic RecyclingBASF and New Energy, a Hungarian technology company specialised in the pyrolysis of waste tires have signed an uptake supply agreement under which New Energy will supply BASF with up to 4,000 tonnes/year of pyrolysis oil derived from waste tires, the companies announced in a joint statement released yesterday.
The pyrolysis oil supplied by New Energy is used by BASF for production at Ludwigshafen, thereby replacing fossil resources. The share of recycled raw material is allocated to certain products – Ccycled products – manufactured there, using a third-party audited mass balance approach. The products have the exact same properties as those manufactured from fossil feedstock. Customers can therefore further process them in the same way as conventionally manufactured products and use them in applications with high demands regarding quality and performance, such as automotive parts.
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