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A post by Sabine Tomm
Today, we are proud to announce a commercial agreement together with BAYERNOIL Raffineriegesellschaft mbH. BAYERNOIL is a refinery business located in Bavaria, Germany and also known beyond borders, for processing crude oils and gases as well as other feedstocks.
With the agreement, BAYERNOIL has committed itself to the exclusive purchase of our pyrolysis oil. This synthetic crude oil is supplied by Biofabrik’s global distributors network, based entirely on the application of WASTX Plastic technology.
The goal of the collaboration is to close the value cycle, to reduce dependencies on fossil fuels, and to gain further expertise on the application of sustainable oils. The scope of the partnership also includes extensive research on the optimization and multiplication of value chains and processing routines for pyrolysis oils
As part of this strong and valuable partnership, we are now able to guarantee all existing and new partners and customers the purchase of their decentrally produced oils at favorable conditions.
We are convinced that through collaborating with BAYERNOIL, we have been able to increase the profitability and attractiveness of the chemical recycling sector, as this will allow us to encourage more people to participate in this industry and minimize the exploitation of scarce natural resources.
With this strong partnership, we look forward to driving the world’s urgently needed shift towards a circular economy and revolutionizing the oil and gas industry with sustainable oils.
If you would like to learn more about the collaboration with BAYERNOIL or our WASTX Plastic pyrolysis plant, please reach out to us or book a personal plant visit.
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