BASF contracts with New Energy to collect pyrolysis oil from used tires

BASF has signed a procurement contract with New Energy, a Budapest-based technology company specializing in the pyrolysis of used tires. Under the agreement, New Energy will supply BASF with up to 4,000 tonnes of pyrolysis oil from waste tires per year. In the pilot phase, the first batches of pyrolysis oil have already been successfully used at BASF's integrated chemical production facility (Verbund concept) in Ludwigshafen, Germany.

The agreement is part of BASF's ChemCycling project, launched in 2018, for the chemical processing of consumer plastic waste on an industrial scale. The first commercial products obtained in this project are available on the market from 2020.

“Until now, there was no technology to use pyrolysis oil from tires for high-grade applications. By expanding our raw material base with used tires, we can create a new circular value stream. We also obtain a second recycled feedstock in our ChemCycling project, which enables us to manufacture high-performance products for our customers' demanding applications, ” Christian Lach, PhD, ChemCycling project leader at BASF, said.

(WBJ)