Latest news with #ISCC+
USA Today
14 hours ago
- Business
- USA Today
Corsair Signs Strategic Partnership with Kera Energy for Global Distribution of Pyrolysis Oil
New partnership expands global access to Corsair's recycled plastic oil across Europe, Asia, and the Americas. Plastic waste recycling company Corsair Group International Holding BV (CORSAIR) is proud to announce a new strategic partnership with KERA Energy AG, a Swiss-based leader in sustainable industrial value chains. Under the agreement, CORSAIR will supply advanced pyrolysis oil to KERA Energy , which will distribute the Plastic Pyrolysis Oil (PPO) across key markets in Europe, Asia, and the Americas. This collaboration marks another important step in CORSAIR's mission to scale up sustainable advanced recycling of plastic waste . The agreement with KERA Energy signals growing international demand for CORSAIR's high-quality pyrolysis oil derived from everyday household plastic waste. 'We are very pleased to partner with KERA Energy, a company that shares our vision of a cleaner, circular economy,' said Jussi Veikko Saloranta, CEO of CORSAIR. 'KERA's extensive expertise and market access will allow us to accelerate our environmental impact and expand our reach globally.' Founded in 1999 and headquartered in Zug, Switzerland, KERA Energy AG specializes in the optimization of supply chains and the commercialization of sustainable raw materials such as plastic pyrolysis oil (PPO) and tire pyrolysis oil (TPO). With a processing capacity of up to 300,000 tons per year and compliance with ISCC+ and REACH regulations, KERA is at the forefront of enabling circular and bio-based feedstock solutions for the chemical and refining industries. 'We are proud to partner with CORSAIR as we jointly work to eliminate plastic waste from our environment,' said Shane Perl, CEO of KERA Energy. By utilizing CORSAIR's pyrolysis oil, produced from mixed plastic household waste at facilities in Thailand, Finland and its future facilities, KERA will support the production of new, sustainable plastics and chemicals, reducing dependency on fossil-based virgin feedstocks, diverting plastic waste destined for landfill or incineration and contributing to a closed-loop system for plastic materials. 'We work with pyrolysis companies from concept to technical development and on to commercially optimizing their circular and bio-based oil products.' Simon Housecraft, Head of Sustainable Materials at KERA, states: 'We are committed to building a bridge between environmental goals and industrial performance, and this partnership with CORSAIR embodies that commitment. We believe CORSAIR will remain one of the global leaders within this market sector with ambitious but, realistic expansion plans. As a partnership, we believe we can successfully deliver circularity to our market sector' With this new alliance, CORSAIR strengthens its role as the fastest growing company in advanced plastic recycling and takes another key step toward a world where waste is transformed into valuable resources for the future . For more information, please visit Contact Info mail: info@ phone: +66 957 613 702 SOURCE: Corsair group View the original press release on ACCESS Newswire
Indianapolis Star
4 days ago
- Business
- Indianapolis Star
Corsair Signs Strategic Partnership with Kera Energy for Global Distribution of Pyrolysis Oil
New partnership expands global access to Corsair's recycled plastic oil across Europe, Asia, and the Americas. AMSTERDAM, NETHERLANDS / ACCESS Newswire Plastic waste recycling company Corsair Group International Holding BV (CORSAIR) is proud to announce a new strategic partnership with KERA Energy AG, a Swiss-based leader in sustainable industrial value chains. Under the agreement, CORSAIR will supply advanced pyrolysis oil to KERA Energy, which will distribute the Plastic Pyrolysis Oil (PPO) across key markets in Europe, Asia, and the Americas. This collaboration marks another important step in CORSAIR's mission to scale up sustainable advanced recycling of plastic waste. The agreement with KERA Energy signals growing international demand for CORSAIR's high-quality pyrolysis oil derived from everyday household plastic waste. 'We are very pleased to partner with KERA Energy, a company that shares our vision of a cleaner, circular economy,' said Jussi Veikko Saloranta, CEO of CORSAIR. 'KERA's extensive expertise and market access will allow us to accelerate our environmental impact and expand our reach globally.' Founded in 1999 and headquartered in Zug, Switzerland, KERA Energy AG specializes in the optimization of supply chains and the commercialization of sustainable raw materials such as plastic pyrolysis oil (PPO) and tire pyrolysis oil (TPO). With a processing capacity of up to 300,000 tons per year and compliance with ISCC+ and REACH regulations, KERA is at the forefront of enabling circular and bio-based feedstock solutions for the chemical and refining industries. 'We are proud to partner with CORSAIR as we jointly work to eliminate plastic waste from our environment,' said Shane Perl, CEO of KERA Energy. By utilizing CORSAIR's pyrolysis oil, produced from mixed plastic household waste at facilities in Thailand, Finland and its future facilities, KERA will support the production of new, sustainable plastics and chemicals, reducing dependency on fossil-based virgin feedstocks, diverting plastic waste destined for landfill or incineration and contributing to a closed-loop system for plastic materials. 'We work with pyrolysis companies from concept to technical development and on to commercially optimizing their circular and bio-based oil products.' Simon Housecraft, Head of Sustainable Materials at KERA, states: 'We are committed to building a bridge between environmental goals and industrial performance, and this partnership with CORSAIR embodies that commitment. We believe CORSAIR will remain one of the global leaders within this market sector with ambitious but, realistic expansion plans. As a partnership, we believe we can successfully deliver circularity to our market sector' With this new alliance, CORSAIR strengthens its role as the fastest growing company in advanced plastic recycling and takes another key step toward a world where waste is transformed into valuable resources for the future. For more information, please visit Contact Info mail: info@ phone: +66 957 613 702 SOURCE: Corsair group View the original press release on ACCESS Newswire
Miami Herald
4 days ago
- Business
- Miami Herald
Corsair Signs Strategic Partnership with Kera Energy for Global Distribution of Pyrolysis Oil
New partnership expands global access to Corsair's recycled plastic oil across Europe, Asia, and the Americas. AMSTERDAM, NETHERLANDS / ACCESS Newswire / June 16, 2025 / Plastic waste recycling company Corsair Group International Holding BV (CORSAIR) is proud to announce a new strategic partnership with KERA Energy AG, a Swiss-based leader in sustainable industrial value chains. Under the agreement, CORSAIR will supply advanced pyrolysis oil to KERA Energy, which will distribute the Plastic Pyrolysis Oil (PPO) across key markets in Europe, Asia, and the Americas. This collaboration marks another important step in CORSAIR's mission to scale up sustainable advanced recycling of plastic waste. The agreement with KERA Energy signals growing international demand for CORSAIR's high-quality pyrolysis oil derived from everyday household plastic waste. Founded in 1999 and headquartered in Zug, Switzerland, KERA Energy AG specializes in the optimization of supply chains and the commercialization of sustainable raw materials such as plastic pyrolysis oil (PPO) and tire pyrolysis oil (TPO). With a processing capacity of up to 300,000 tons per year and compliance with ISCC+ and REACH regulations, KERA is at the forefront of enabling circular and bio-based feedstock solutions for the chemical and refining industries. By utilizing CORSAIR's pyrolysis oil, produced from mixed plastic household waste at facilities in Thailand, Finland and its future facilities, KERA will support the production of new, sustainable plastics and chemicals, reducing dependency on fossil-based virgin feedstocks, diverting plastic waste destined for landfill or incineration and contributing to a closed-loop system for plastic materials. With this new alliance, CORSAIR strengthens its role as the fastest growing company in advanced plastic recycling and takes another key step toward a world where waste is transformed into valuable resources for the future. For more information, please Contact Infomail: info@ +66 957 613 702 SOURCE: Corsair group
Fibre2Fashion
13-05-2025
- Business
- Fibre2Fashion
BASF unveils two new renewable ammonia grades in Ludwigshafen
With two new renewable ammonia grades – renewable ammonia and renewable ammonia solution 24.5% – BASF further expands its sustainable product portfolio. BASF produces the renewable ammonia grades at its Verbund site in Ludwigshafen by feeding hydrogen into the ammonia plant which reduces the plant's natural gas consumption. In BASF's Verbund, hydrogen is produced from fossil as well as from renewable energy-derived sources. Via a mass balance approach, renewable energy-derived hydrogen is attributed to the renewable ammonia grades. They have been certified according to ISCC+ and can be used as 'drop-in' solution in the same reliable way as the conventional products. The renewable ammonia grades are available in usual bulk mode. BASF has introduced two ISCC+ certified renewable ammonia grades, produced at its Ludwigshafen site using hydrogen from renewable sources. This reduces natural gas use and significantly cuts the product carbon footprint. The new offerings support rising demand for low-carbon solutions and advance BASF's goal of climate neutrality by 2050. 'Our biggest goal is net zero of our products. With our renewable ammonia, we can significantly undercut the product carbon footprint (PCF) of our other low-CO2 ammonia grades', said Dr. Jens Aßmann, Vice President Business Management Ammonia Value Chain and Operations Amino Resins at BASF . BASF calculates PCFs in accordance with the Together for Sustainability PCF Guideline. The demand for low-carbon or 'green' ammonia has constantly increased in the past years and is expected to still rise in the future. 'Our customers, as well as BASF's own downstream businesses, need low-carbon products already today to explore their market', Aßmann emphasized. 'We are proud to offer the first renewable ammonia produced in Central Europe with a very low PCF.' The expansion of the ammonia portfolio is a further step on the sustainable journey of BASF's Monomers division. The division has already developed one circular or low PCF option for every major product line by 2025. The division's sustainable offerings are an essential part of BASF's path to climate neutrality and net-zero CO2 emissions by 2050. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)
