According to World Maritime News; The Port of Amsterdam and Bin2Barrel will soon have the new IGES Amsterdam factory, which will convert non-recyclable plastic to ship fuel. Although the fuel can be used for other industries, initially, Bin2Barrel will focus on shipping.
In essence, this new processing of plastic waste reduces CO2 emissions by 57,000 tons per year compared to the past method of plastic waste management. In the combustion of the produced fuel, the energy yield is almost three times higher (80%) than in the direct combustion of plastic in waste incinerators (33%).
The company in charge of this innovation is Bin2Barrel, a Dutch company that focuses on the development of plastics for projects. The development is supported by the Dutch Government and will be in conjunction with the Port of Amsterdam who say that the plant will be operational by the end of this year.
Basically it is a chemical recycling, where synthetic materials that could not be reused otherwise will now be reusable in a useful application, being a more sustainable alternative for traditional transport fuels.
IGES Amsterdam achieved an investment of approx. 28 million euros and will produce more than 30 million liters of fuel per year of 35,000 tons of non-recyclable plastic.
Plastics as an alternative fuel
“The use of plastic and the lack of adequate processing of plastic lead to massive contamination throughout the world.” Bin2Barrel presents an innovative and much-needed technology that will allow us to use a currently non-recyclable waste stream in a way that makes perfect sense ” , said Roon van Maanen, Director of the Circular and Renewable Industry at the Port of Amsterdam.
“By creating a new product from a problematic waste product, Bin2Barrel fits perfectly into the mission of the Port of Amsterdam to facilitate the energy transition and transition to a circular economy,” van Maanen added.