Operations by Dutch recycling firm Bin2Barrel to turn plastic waste to bunker fuel is an ‘intermediate step’ for its business plans, according to UN Environment.
The company’s end game is not to be a major fuel producer, but instead to focus on breaking plastic waste down to valuable chemical components, so it can then be used again in entirely new products.
Bin2Barrel, which entered into a partnership with the Port of Amsterdam while receiving a grant from the Dutch government, in May started construction of a new facility that will convert non-recyclable plastic into fuel for the maritime transport sector.
“Traditional diesel requires massive amounts of energy to extract, transport and eventually burn,” it says.
“Because it bypasses the traditional production process, diesel made at the Bin2Barrel factory will emit 80% less CO2. It also provides an alternative to bio-fuels, which require large amounts of land and resources to produce.”
The Port of Amsterdam estimates an annual 57,000 metric tonnes (mt) reduction of CO2 emissions from the operation, which will begin by the end of 2018.
“The use of and the lack of a proper processing of plastic cause massive pollution worldwide,” comments Roon van Maanen, Head of Circular & Renewable Industry at the Port of Amsterdam.
“Bin2Barrel introduces innovative and urgently needed technology that will enable us to make use of a currently non-recyclable flow of waste in a manner that makes perfect sense.
“By creating a new product from an otherwise problematic waste, this factory will help the Port transition towards a circular economy.”
Published: 23 July, 2018
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
Livestock carrier also involved in earlier bunker claim with Glander International Bunkering due to remaining unpaid fuel bill of approximately USD 116,000, according to court documents obtained by Manifold Times.
A blend of standard MGO and biodiesel, MGO B20 is distributed at the company’s floating kiosk CNC 5 which is located off the buoy of West Coast Pier; PS Energy has been stamped with globally recognised ISCC.