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Quantafuel

Environmental & Social Information Mar 4, 2021

3722_rns_2021-03-04_6602b3cf-f925-4d36-87d3-f9c122b32eb0.html

Environmental & Social Information

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Quantafuel ASA | Environmental certificate and first commercial products sent to BASF

Quantafuel ASA | Environmental certificate and first commercial products sent to BASF

German TÜV has issued REDcert2 environmental certificate for Quantafuel. This certificate testifies that Quantafuel sources feedstock from sustainable sources and has robust systems documenting mass balance and resource efficiency.

Following the receipt of the certificate, Quantafuel has sent the first commercial batch of products from Skive to BASF.

Supporting Quantafuel’s work with sustainable and commercial operations, the Danish Environmental Protection Agency has confirmed that materials undergoing chemical recycling are classified as material recycling if being used for used for making new plastic products. Further, The Skive community has confirmed that the liquid hydrocarbon products from the Quantafuel Skive plastic-to-liquid plant satisfies the “End of Waste” criteria in the Danish Waste Order.

For further queries, please contact:

Kjetil Bøhn, CEO +47 91573818

Kristian Flaten, CFO +47 95092322

About Quantafuel | https://quantafuel.com

Quantafuel is a technology-based energy company converting waste plastics back into low-carbon synthetic oil products replacing virgin oil products. Quantafuel is establishing, operating and owning dedicated plastic-to-liquid (PtL) plants and plans to establish several plants throughout Europe and beyond.

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