Skive is on track for Proof-of-Concept around year end

The upgrade of Quantafuel’s Skive plant is progressing as communicated in the Q3 2021 report. We are now starting hot commissioning, followed by feeding of plastics in mid-December and the targeted Proof-of-Concept (PoC) around year end.

As communicated in the third quarter report, the turnaround of Quantafuel’s Skive plant is now transitioning into hot commissioning, followed by feeding of plastics and the aim to reach PoC around year end. Quantafuel is pleased to report that the installation and cold testing of two lines are completed on schedule. The two remaining lines are being prepared in parallel with the ongoing commissioning, start-up, and operation.

One line is currently being warmed up to commence hot commissioning, where key processes and the interaction between them are tested at operating temperature. The first feeding of plastics is planned around mid-December.

All four lines in Skive are identical, so the initial focus after hot commissioning will be on one line, since PoC is linked to running one of the lines with commercial plastics at high load with high availability for a prolonged duration, producing a liquid acceptable for our offtake partner.

“We are pleased with our progress in Skive and glad that we are delivering on the upgrade according to our plans thanks to our hard-working and dedicated team. Now, we are fully focused on bringing the production to the expected commercial level,” says Quantafuel’s CEO Lars Rosenløv.

“Our operation in Skive will form the basis for our future plants. Throughout this exciting journey in Skive, we have sometimes gone two steps forward and one back, but at the same time, we have acquired invaluable knowledge on how to build for the future,” says Quantafuel’s COO Terje Eiken.

The 2022 target for Skive is processing of 12,000 tonnes of plastics, ending the year at a 20,000 tonnes per year run rate. The forecasted CAPEX of NOK 610 million remains unchanged.