Vitol to partner with Quantafuel to market synthetic fuel made from recycled plastic
(WorldNews Netherlands)

Vitol and Quantafuel, a producer of synthetic low-carbon fuel, today announced a strategic partnership. As part of this partnership Vitol will provide an undisclosedamount of financing to Quantafuel and be the sole marketer of the low-carbon fuel produced by Quantafuel`s recycling plants. Quantafuel processes plastic waste into, predominantly, diesel using a highly efficient process and proprietary technology. Currently only 12-14% of Europe`s 25 million tonnes of plastic waste a year is recycled, with the...