SUSTANE TECHNOLOGIES ANNOUNCES OFFTAKE AGREEMENT WITH BASF Sustane Technologies and Germany-head-quartered BASF have signed a long-term offtake agreement that will see BASF purchase premium plastic feedstock from Sustane’s Chester, N.S. facility, including output from both its existing production line and an upcoming facility expansion comprising a new line, tripling capacity. The agreement builds on a collabora-tion between the two companies that has enabled Sustane to deliver high-quali-ty feedstock from end-of-life plastics to BASF operations in Europe and the Unit-ed States. Given that Sustane processes the hardest to recycle plastics, this is a major step forward in advancing a true circular economy for plastics. BASF will take-up the pyrolysis oil from Sustane’s plant in Chester, N.S. The pyrolysis oil will be used as recycled feed-stock in BASF’s production Verbund, sup-porting the expansion of BASF’s portfolio of mass-balanced Ccycled products. The Ccycled portfolio now comprises several hundred products, which BASF’s custom-ers use for a wide range of applications – from food packaging to high-performance plastics for the automotive industry and functional textiles. “This partnership with BASF affirms the value of our Canadian-made innova-tion on the global stage,” said Peter Vinall, CEO of Sustane Technologies. “Sustane’s unique product has a greatly reduced carbon intensity compared to fossil feed-stocks for plastics and is notable for not requiring additional upgrading. Together, we’re closing the loop on hard-to-recycle plastics and proving that circular solutions can scale and deliver real economic and environmental impact.” Sustane has developed a breakthrough process that transforms end-of-life plastics-the kinds that typically end up in landfills or incinerators – into virgin-quality plastic feedstock that can be used in chemical pro-duction. Sustane’s operations are certified under ISCC+, providing chain-of-custody assurance that the feedstock meets strin-gent sustainability standards. “At BASF, we are committed to driv-ing circular economy, and partnerships like this are essential to that mission,” comments Paul Houston, manager busi-ness development, Americas, BASF. “Sustane’s advanced recycling technology enables us to integrate high-quality, circu-lar feedstock into our value chains and reducing reliance on fossil inputs while supporting our customers’ green transfor-mation goals. This agreement represents a powerful example of innovation and col-laboration driving real impact.” The companies are now exploring op-portunities to expand Sustane’s capacity both in Canada and internationally, further supporting Canada’s emergence as a glob-al leader in clean technology and circular materials innovation. Source: Sustane. TSI BUILDS MACHINERY FOR THE BIOMASS INDUSTRY Complete Dryer and Torrefaction systems including Heat Energy and Pollution Control equipment in one integrated solution for plants from 50,000 tons/year to 500,000 + tons/year. (425) 771-1190 • www.tsi-inc.net Canadian BIOMASS CB_TSI_HP_Spring23_MLD.indd 1 2023-05-02 11:36 AM 7
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