PRYME N.V. Pryme successfully initiated production at its first manufacturing facility with production of "first oil" on January 19, 2024. This marks the start of production and the first phase of development of the company's Rotterdam based plant, Pryme One. During the first phase, which is expected to run through January and February, Pryme will focus on the direct feeding of non-melted plastic waste into the reactor from varied specifications and sources, both post-industrial and post-consumer plastic waste.
The operational objective of the first phase is to calibrate the oil condensation process, to efficiently manage non-condensable gases and to collect real-time production data in order to optimize the overall plant performance. Phase one will have very limited production volumes. Once the first phase is completed, the company will focus on feeding the reactor with melted plastic through the two extruders via a melt pipe, the front-end of the production.
The integration of the front- and back-end (reactor and condensation) processes is required in order to achieve high throughput production. The second phase is expected to continue into the third quarter at which time phase three will commence. During phase three, Pryme expects to perform production runs approaching the nameplate capacity of 40,000 metric tons of waste plastic input annually with a production output of 30,000 metric tons of liquefied plastic waste.
