BASF SE has signed an agreement to buy pyrolysis oil made from mixed plastic waste with Arcus Greencycling Technologies GmbH, a technology company based in Ludwigsburg, Germany.

Plans are for Arcus to supply BASF with pyrolysis oil and expand its capacities in the coming years, while BASF will use the oil in its production plants as a raw material for its Ccycled products.

“With the guaranteed purchase of the oil produced, ARCUS can build further plants with higher capacity and thus make a significant contribution to closing material cycles together with BASF,” said Daniel Odenthal, COO of Arcus. The companies predict a take-up to be increased to up to 100,000 tons of pyrolysis oil per year.