What’s left of Corsair Group has rallied around a recently signed agreement with Shell.
As
outlined on Shell’s website
;
September 2024
In Europe, Shell and
Corsair
sign supply agreement for pyrolysis oil from post-consumer plastic waste produced at Corsair’s chemical recycling facility in Jämsä, Finland. Shell will process the pyrolysis oil at its Chemicals Park in Moerdijk.
And as per an accompanying 6th September press-release on Corsair Group’s website;
Plastic waste recycling firm Corsair has signed an agreement to supply Shell Chemicals Europe B.V. with pyrolysis oil, a mixed plastic waste feedstock.
Under the agreement, Corsair, a company that converts daily household plastic waste into oil through pyrolysis, will deliver pyrolysis oil from its plastic waste chemical recycling facility in Jämsä, Finland, for Shell’s facility in Moerdijk, The Netherlands.
Corsair Group first announced
“great progress” at its Kaipola facility
in October 2023.
We are happy to inform you that the installation process of the first plastic waste chemical recycling unit at the Kaipola facility in Finland is moving along nicely.
In the meanwhile, piping works are taking a big step forward as well.
Stay tuned for further developments!
Corsair Group’s “Kaipola facility” operated as Kaipola Circular. As explained by a Finnish journalist who researched the matter;
In spring 2023, a company named Kaipola Circular announced its application for a pilot operation permit for plastic oil production in area of Kaipola, city of Jämsä, Finland.
At that time, my colleagues investigated the backgrounds of the company’s decision-makers and discovered that they are key figures in Corsair’s operations as well.
For instance, Andre Tops and Onno Ruiter, who hold positions as Corsair’s Chief Operating Officer and General Manager Europe, were on Kaipola Circular’s board.
In spring 2023, Andre Tops, representing Kaipola Circular, claimed to Yle that Corsair was not at all involved in Kaipola Circular’s operations in Finland.
However, after some time, Corsair began prominently promoting the Finnish project on its own channels. Subsequently, Kaipola Circular admitted that Corsair was involved in the project as a “collaborative partner.”
Now, less than two mo[n]ths ago, Kaipola Circular changed its name to Corsair Finland, and Corsair’s CEO, Jussi Saloranta, became the chairman of the board.
Two months prior to Corsair Group’s “great progress” update, Kaipola Recycling, a similarly named recycling company operating from the same Jämsä site, filed for bankruptcy.
The bankruptcy trustee in charge of the Kaipola Recycling’s bankruptcy sought to
terminate proceedings
in January 2024.
According to the liquidator, the company’s assets are not sufficient to cover the costs of the bankruptcy proceedings, and none of the company’s creditors are taking on the costs to cover them.
The costs of cleaning up the waste left behind by the company in the former factory area of
🤖 Quick Answer
What is the Corsair Group and Shell chemical recycling agreement?In September 2024, Shell and Corsair signed a supply agreement for pyrolysis oil derived from post-consumer plastic waste. Corsair's chemical recycling facility in Jämsä, Finland produces the pyrolysis oil, which Shell will process at its Chemicals Park in Moerdijk, Netherlands, converting household plastic waste into usable feedstock.
Where is Corsair's chemical recycling facility located?
Corsair's chemical recycling facility is situated in Jämsä, Finland. This facility specializes in converting daily household plastic waste into pyrolysis oil through advanced chemical recycling processes, serving as a key production hub for sustainable plastic waste management in Europe.
What is pyrolysis oil in plastic waste recycling?
Pyrolysis oil is a mixed plastic waste feedstock produced through thermal decomposition of
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