Annually, more than 300 million tons of plastics are produced globally. As an example; If absolutely all of this were to be turned into diesel after its useful life, one could, in theory, produce about 250 billion liters of fuel a year or about 2 billion barrels, in other words one fifth of the total diesel demand.
In reality, a much smaller portion of plastic waste will be converted to fuel and chemicals, meaning that for all practical purposes the market size is no constraint, as long as high-quality fuel and chemicals can be produced at a competitive price.
And this is where Quantafuel’s efficient and cost effective technology provides a breakthrough. We offer plants of a size that will make business sense to a large number of private and public waste handling firms. This is a key selling point compared to traditional technologies.