Quantafuel ASA Reports That Two Out of the Four Lines At Its Skive Plant Have Produced At A Load and Performance Level Qualifying for Proof-Of-Concept
We expect to resume production shortly following inspection and repair. All four lines in Skive are identical, and PoC is linked to running one of these lines with post-consumer plastic waste at high load with high availability for a prolonged duration, producing a liquid acceptable for the company's offtake partner. As communicated, PoC is an important step in the company's production ramp-up towards full production that the company target to reach in Fourth Quarter 2022. The 2022 target for Skive is processing of 12,000 tonnes of plastics, ending the year at a 20,000 tonnes per year run rate as communicated previously.