A Swiss-based technology company reckons it has the solution to Europe’s energy problems with a scientific process that can turn petroleum-based synthetic products into diesel or heating oil.
Switzerland’s Biotherm Technologie AG offers a process for producing mineral fuels from waste plastics or waste oil. And the firm claims it’s 25 cents a litre cheaper than current pump prices for diesel – a differential which grows bigger with every rise in the price of oil.
The process was developed by Clyvia Technology GmbH, Germany, and is similar to the cracking of crude oil. At 400(degrees)C it breaks down long hydrocarbon chains, which then vaporise and condense as diesel oil.
Christopher Stampfli, designate CEO of the Schaffhausen company, says of the business model: “This process is attractive not just to public and private waste disposal operators, but many industrial corporations and freight operators can apply it to cut their disposal costs and simultaneously generate energy – either for their own vehicle fleet or to sell at the gas station.”
Europe produces over 20 million tonnes of plastic waste and 2.5 tonnes of waste oil annually, but currently only half of this is exploited. The rest could be converted into top-quality fuels by the Clyvia process, it is claimed.
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By GlobalData“This would benefit everybody: the plant operator, the environment, and finally drivers and house owners, who can save considerably on their gas or heating bills,” the firm says.