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BASF Signs Deal with New Energy

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Hungary’s New Energy has signed an agreement to supply pyrolysis oil to BASF

BASF Signs Agreement with New Energy

BASF has signed an agreement with New Energy, a Hungarian technology company which has developed a rubber waste pyrolysis process, to use New Energy’s pyrolysis oil as feedstock at a chemical production site. The agreement also considers further joint feasibility studies. This comes at the same time as BASF has invested heavily in German pyrolysis firm Pyrum.

The recent agreement will see New Energy provide BASF with up to 4,000 t/pa of pyrolysis oil derived from waste tyres...

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