BASF has signed a Letter of Comfort with Green Tech Recycling AB, in which BASF wishes to enter into a long-term agreement to purchase all the pyrolysis oil that Green Tech Recycling produces in our factories using Pyrum Innovation technology and quality.
Green Tech Recycling has previously signed a collaboration and consultancy agreement with Pyrum Innovation AG for the construction and procurement of a jointly owned pyrolysis plant in Sweden based on this technology. Preliminary planning is underway for this investment.
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