- CEO
- Terje U. Eiken
- Full Time Employees
- 107
- Sector
- Industrials
- Industry
- Waste Management
- Address
- Lilleakerveien 2C Oslo Norway 0283
- IPO Date
- Jan 29, 2020
- Business
- Quantafuel ASA Quantafuel ASA is a Norway-based technology company that develops and operates plastic-to-liquid (PtL) plants converting post-consumer and hard-to-recycle plastic waste into low-carbon synthetic oils and chemicals, replacing virgin fossil-based feedstocks for new plastic production and related applications; its proprietary pyrolysis and catalytic depolymerization technology processes mixed plastic waste, including soiled and contaminated polymers, into high-quality naphtha-like liquids suitable for food-grade plastics, chemicals, and fuels. The company targets the global plastics recycling sector, serving waste management firms, plastic producers, and chemical manufacturers with operations centered on a commercial facility in Skive, Denmark, capable of processing up to 20,000 tonnes annually, alongside planned expansions in Europe such as the UK, Netherlands, and Norway; it maintains headquarters in Oslo, Norway, where it was incorporated in 2014. Quantafuel operates as a fully owned subsidiary of Viridor Limited following the UK waste management firm's completion of its acquisition of all outstanding shares in early 2024 and subsequent delisting from Euronext Growth Oslo on February 7, 2024; this strategic transaction, valued at approximately NOK 1.058 billion, provides capital for scaling PtL technology amid partnerships like prior collaborations with BASF, Remondis, and Geminor for waste sourcing and a joint venture, Quantafuel Sunderland Limited, to establish a UK facility.