Quantafuel

Regulatory Filings • Sep 9, 2020

Quantafuel ASA | Start of operations in Skive

Quantafuel ASA | Start of operations in Skive

We are proud to announce that we successfully have started operation of transforming plastic waste into high-quality liquid products at our plant in Skive, Denmark, and that we at 5 pm yesterday sent the first oil to our lab at the plant for further analysis. Moreover, all our main processes for control, operation and safety have been working according to plan and required standards.

In the days and weeks to come, our focus will be to continually increase production of our high-quality products to be delivered to our partner BASF. As safety is our highest priority, we plan for a controlled and gradual increase in our recycling of plastic waste into renewable liquid products.

A significant milestone in the development of Quantafuel has been reached.

For further queries, please contact:

Kjetil Bøhn, CEO +47 91 57 38 18

Kristian Flaten, CFO +47 95 09 23 22

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.