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Geminor specialises in the supply of waste products to recycling and energy recovery (photo: Geminor) The energy company Quantafuel ASA has acquired 40% of the shares in Geminor AS. The acquisition makes the two Norwegian companies industry partners and leading players in the development of chemical recycling of plastics in Europe. Quantafuel förvärvar 40% av aktierna i Geminor Syntetisk bränsleproducent och specialist för hantering av kemiskt avfall Quantafuel har köpt 40% av Geminor Invest i Geminor. Ägarna till Geminor Invest, verkställande direktör (VD) Kjetil Vikingstad och verkställande direktör (COO) Ralf Schöpwinkel, kommer att behålla en andel på 60% av Geminor. Quantafuel ASA, which specialises in the chemical recycling of plastic waste, is acquiring a 40 per cent holding in the Norwegian waste trader Geminor. With the investment, which Geminor announced on Wednesday, Quantafuel is acquiring as stake in the company with whom it was already working to secure feedstock for its recycling facility. Quantafuel 1.

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Energy company Quantafuel ASA has acquired 40 per cent of the shares in resource management company Geminor AS. The acquisition Norway: Synthetic fuel producer and chemical waste management specialist Quantafuel has bought a 40% stake in Geminor from Geminor Invest. The owners of Geminor Invest, chief executive officer (CEO) Kjetil Vikingstad and chief operation officer (COO) Ralf Schöpwinkel, will retain a 60% share of Geminor. Energiselskapet Quantafuel og gjenvinningsaktøren Geminor blir industripartnere og ledende aktører i utvikling av kjemisk gjenvinning av plast i Europa. Geminor Invest AS, holdingselskap og eneeier av Geminor AS, selger nå 40 prosent av aksjene i Geminor AS til energi- og gjenvinningsselskapet Quantafuel.

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April 2, 2019 | Meghan Sapp. In Norway, since 2007 Quantafuel has 13. jan 2021 Energiselskapet Quantafuel og gjenvinningsaktøren Geminor blir industripartnere og ledende aktører i utvikling av kjemisk gjenvinning av plast Chemical recycler Quantafuel acquires 40 per cent of Geminor - 26 Jan 2021 · Batteries, plastics, renewable raw materials: new ideas for the circular economy - 17 Contract and Development Manager @ GemiNor GEMINOR Key figures 2019 Quantafuel's position in the waste pyramid – chemical recycling included.

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Resource management company Geminor is now committing to deliver 20,000 tonnes of waste plastics to Quantafuel’s plant for chemically recycled feedstock for new plastic production. Energy firm Geminor announced that it has signed a cooperation agreement with fellow Norwegian advanced biofuel producer The energy company Quantafuel ASA acquires 40 percent of the shares in Geminor AS. The acquisition makes the two Norwegian companies industry partners and leading players in the development of Quantafuel is USD 0.8 Billion market cap based in Norway and listed on the Oslo Stock Exchange.Quantafuel is the game-changing company for plastic recycling. It is the only company in the world Vikingstad said “With Quantafuel as a partner we hope to achieve our goal of becoming a leading player in material recycling and energy recovery in Europe. In 22 Feb 2021 Quantafuel Fourth Quarter 2020 consolidated financial statements. P a g e 1 Geminor is a market leader in waste trading, logistics and 17 Mar 2021 Geminor is the market leader in plastic waste trading, logistics and sorting. This way Quantafuel insures, that it will have a supply of sorted 12. jan 2021 Quantafuel kjøper 40 prosent av Geminor Invest for 168 millioner kroner i Quantafuel-aksjer og omtrent to millioner i kontanter.
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Norway-headed plastic-to-liquids technology developer Quantafuel ASA has recently announced that it has reached an agreement to acquire 40 percent of compatriot Geminor Invest AS, the full owner of the waste aggregator and supplier Geminor AS (Geminor) for NOK 168 million (≈ EUR 16.2 million) to be settled in Quantafuel shares plus a cash element of approximately NOK 2 million (≈ EUR 192 840). Quantafuel ASA, which specialises in the chemical recycling of plastic waste, is acquiring a 40 per cent holding in the Norwegian waste trader Geminor.

The Quantafuel chemical recycling plant in Skive, Denmark.
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(Credit: Geminor) Resource management company Geminor is set to commence delivery of the first 500 tonnes of low-density polyethene (LDPE) plastic to technology-based energy company Quantafuel’s chemical recycling factory in Skive, Denmark. Earlier today, Norwegian-owned waste fuel specialist Geminor announced that it would deliver 20,000 tonnes-a-year of waste plastics to Quantafuel’s chemical recycling plant in Skive, Denmark, which will open early next year. The plant will turn waste plastic into chemical feedstock for new plastic and a range of other chemicals.

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40 pct. af aktierne i genvindingsvirksomheden Geminor tilhører nu norske Quantafuel, der håber, at Geminors brede tilstedeværelse i Europa kan blive et afgørende værktøj i virksomhedens europæiske vækstplaner. Det vil med tiden øge materialegenvindingsgraden, hvilket er helt i tråd med EUs miljømæssige ambitioner og målsætninger, siger Thomas Steenbuch Tharaldsen fra Quantafuel. Geminors aftale med Quantafuel om levering af affaldsplast blev indgået sidste år i marts. Having signed off a deal with resource management firm Geminor, securing 20,000 tonnes of waste plastics a year, Quantafuel says it will be able to open Quantafuel ASA (“Quantafuel”) has today reached an agreement to acquire 40% of Geminor Invest AS, the 100% owner of Geminor AS (“Geminor”) for NOK 168 million to be settled in Quantafuel shares plus a cash element of approx. NOK 2 million. As part of the transaction, Quantafuel is also granted an option to acquire the Quantafuel ASA (“Quantafuel”) has today reached an agreement to acquire 40% of Geminor Invest AS, the 100% owner of Geminor AS (“Geminor”) for NOK 168 million t Geminor leverer første sending plast til kemisk genanvendelse hos Quantafuel.

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In collaboration with dedicated partners, we have achieved the combined goals of recycling low-quality plastic and sustainable waste management. Energy company Quantafuel ASA has acquired 40 per cent of the shares in resource management company Geminor AS. The acquisition Norway: Synthetic fuel producer and chemical waste management specialist Quantafuel has bought a 40% stake in Geminor from Geminor Invest. The owners of Geminor Invest, chief executive officer (CEO) Kjetil Vikingstad and chief operation officer (COO) Ralf Schöpwinkel, will retain a 60% share of Geminor. Energiselskapet Quantafuel og gjenvinningsaktøren Geminor blir industripartnere og ledende aktører i utvikling av kjemisk gjenvinning av plast i Europa. Geminor Invest AS, holdingselskap og eneeier av Geminor AS, selger nå 40 prosent av aksjene i Geminor AS til energi- og gjenvinningsselskapet Quantafuel. According to Quantafuel, the Geminor acquisition improves Quantafuel’s competitiveness further by facilitating access to plastic waste streams across different geographies. It facilitates achieving the best possible price, fraction specifications, volume, and predictability, which contributes to both the Skive operations in Denmark and to the development of all the subsequent Quantafuel plants in new countries.

Plastic becomes fuel Plastics are well suited for the production of fuel and products for the petrochemical industry, chief commercial officer in Quantafuel, Thomas Steenbuch Tharaldsen, explains. Quantafuel ASA ('Quantafuel') has today reached an agreement to acquire 40% of Geminor Invest AS, the 100% owner of Geminor AS ('Geminor') for NOK 168 million to be settled in Quantafuel shares plu 2019-07-01 · Norwegian companies Quantafuel and Geminor have entered a cooperation agreement to secure deliveries of plastic waste to Quantafuel’s plants for fuel production. Since 2007 energy firm Quantafuel AS has developed and tested its own patented catalyst solution that converts plastic waste into low emission fuels and products for the petrochemical industry, a press release said.