The companies announced the creation of a joint venture for this purpose, following the successful completion of a trial with the use of pyrolysis oil in the Moerdijk petrochemical plant. Shell acquired a 21.25% equity interest in BlueAlp, which developed the pyrolysis technology and deploys proprietary technology to ensure that the pyrolysis oil achieves a consistently high level of purity.
The two planned plants are each expected to process more than 30 kilotons of plastic waste per year. They are scheduled to be operational in 2023 and will supply all pyrolysis oil as feedstock to Shell’s crackers in Moerdijk and Germany. In addition, Shell is looking into licensing two more plants in Asia to supply the Shell Energy and Chemicals Park Singapore.
1 Million tonnes
“With BlueAlp’s innovative technology and Shell’s size and experience we can advance the plastic waste recycling technology needed to meet growing customer demand for sustainable chemicals
With BlueAlp’s innovative technology and Shell’s scale and experience, we can advance the technology for recycling plastic waste,” said Robin Mooldijk, Executive Vice President of Shell Chemicals and Products. “This partnership is one of the important steps Shell is taking to achieve our ambition to process one million tonnes of plastic waste per year in our global chemicals plants by 2025.”
“With Shell as a strategic partner, I believe BlueAlp has a great opportunity to grow into a global leader in the pyrolysis market,” said Chris van der Ree, CTO of BlueAlp. “Our immediate focus is to increase the technology’s current processing capacity and then license our technology to third-parties.”