BioBTX

What BioBTX does

BioBTX is a Dutch circular chemistry company that developed and operates proprietary Integrated Cascading Catalytic Pyrolysis (ICCP) technology to convert end-of-life waste plastics and biomass into circular BTX (benzene, toluene, xylene) aromatics. The company's process architecture specifically targets complex, contaminated, and mixed plastic waste streams — typically relegated to incineration, landfill, or low-value outputs — and produces drop-in chemical building blocks compatible with existing chemical-industry infrastructure, addressing the global BTX market of over 150 million tons per year (benzene 50,000+ kton, toluene 25,000+ kton, xylenes 50,000+ kton annually).

The technology is delivered through two complementary revenue streams: licensing the ICCP platform to third-party plant operators (BlueAlp is a named licensee, integrating ~20,000 t/yr modules at Delfzijl from December 2026) and direct production and sale of circular aromatics. BioBTX operates the PETRA demonstration plant in Delfzijl, which is being expanded under the €23M Circular Aromatics project, while its first commercial-scale plant (also Delfzijl) combines BioBTX's ICCP process with BlueAlp's continuous pyrolysis and Zeopore's catalysts — a configuration delivering up to 100% BTX yield increase and ~50% CO2-equivalent emissions reduction. Co-founders Ton Vries and Cor Kamminga lead as co-CEOs with a lean 11–50 person team.

The company's go-to-market is enterprise sales-led to chemical-industry buyers (polymers, PET bottles, pharmaceuticals, coatings, insulation, automotive, packaging), supplemented by direct licensing to plant operators. Strategic capital totals €105M+ across a €2.8M Just Transition Fund grant (Oct 2023), an €80M+ round (Jun 2024) including Carduso Capital, Covestro, Infinity Recycling, Invest-NL, NOM, and Netherlands Enterprise Agency, and a €23M Dutch National Growth Fund award (Apr 2025). BioBTX participates in the EU Horizon 2020 Circular Foam consortium coordinated by Covestro and is supported by the Netherlands' 100% circular economy by 2050 policy framework.

Name

BioBTX

Legal name

BioBTX

Website

https://biobtx.nl

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

BioBTX is a Dutch circular chemistry company that converts end-of-life waste plastics and biomass into circular BTX aromatics using proprietary ICCP (Integrated Cascading Catalytic Pyrolysis) technology, licensing its platform and selling drop-in aromatics to the global chemical industry.

Ownership category

akta.pro rank

Product category

Circular Aromatics / Renewable Chemicals

NAICS

Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing (325194), Other Basic Organic Chemical Manufacturing (32519), Petrochemical Manufacturing (32511)

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

Bio-based Platform & Commodity Chemicals (e.g., bio-ethylene, bio-propylene, bio-BTX, bio-methanol) (EUAAAIAA)

akta.pro secondary industries

Biochemicals & Bio-based Platform Chemicals (cellulose sugars, lignin derivatives, organic acids) (IMAMALAB), Base Aromatics (BTX: Benzene, Toluene, Xylenes) (IMAEADAB), Bio-based Solvents & Process Chemicals (e.g., bio-acetone, bio-butanol, bio-IPA, green solvents) (EUAAAIAB)

Keywords

• Circular aromatics production
• Plastic waste recycling
• Catalytic pyrolysis technology
• Renewable chemical feedstocks
• Biomass to chemicals

Headquarters

HQ city

Groningen

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Operations, Infrastructure, Personnel

Revenue model

1. Technology Licensing: BioBTX licenses its proprietary ICCP technology to third-party plant operators and partners, generating licensing and royalty revenue. The BlueAlp partnership is an example where BlueAlp licenses BioBTX's technology for a plastic-to-chemical recycling plant.
2. Circular Aromatics Production and Sale: BioBTX operates its own production plants (e.g., PETRA plant in Delfzijl) to convert waste plastics into circular BTX aromatics, which are sold as drop-in chemicals to the chemical industry.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

BioBTX develops and licenses its proprietary Integrated Cascading Catalytic Pyrolysis (ICCP) technology that converts end-of-life waste plastics and biomass into circular BTX (benzene, toluene, xylene) aromatics. These aromatics are sold as drop-in chemicals for the existing chemical industry, replacing fossil-derived feedstocks in polymers, pharmaceuticals, coatings, and packaging. The company also operates its own production plants, including the PETRA demonstration plant and a commercial-scale facility in Delfzijl, Netherlands.

Product overview

BioBTX offers a single unified technology offering centered on its proprietary ICCP (Integrated Cascading Catalatic Pyrolysis) technology. This core technology platform converts end-of-life waste plastics and biomass into circular aromatics (benzene, toluene, and xylene) through catalytic pyrolysis. The company operates the PETRA demonstration plant in Delfzijl, which is being expanded as part of the €23 million Circular Aromatics project. The first commercial plant, also in Delfzijl with approximately 20,000 metric tons per year capacity, combines BioBTX's ICCP technology with BlueAlp's patented pyrolysis technology. All products are drop-in chemical building blocks compatible with existing chemical industry infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• ICCP Technology (Integrated Cascading Catalytic Pyrolysis) BioBTX's proprietary technology that converts end-of-life waste plastics and biomass into circular and sustainable chemical building blocks (BTX: benzene, toluene, xylene) through an integrated cascading catalytic pyrolysis process. Licensed to third-party plant operators.
• Circular BTX Aromatics (Benzene, Toluene, Xylene) Sustainable chemical building blocks produced from waste plastics and biomass using ICCP technology. These drop-in chemicals serve as alternatives to fossil-derived aromatics for applications in polymers, pharmaceuticals, coatings, insulation materials, PET bottles, automotive parts, rubbers, nylon, and other chemical products.
• PETRA Plant (Delfzijl Demonstration Plant) BioBTX's demonstration plant located in Delfzijl, Netherlands, used to validate and scale the ICCP technology. The plant is being expanded through the €23 million Circular Aromatics project to process complex, contaminated, and mixed plastic waste.
• Delfzijl Commercial Plastic-to-Chemical Recycling Plant BioBTX's first commercial-scale plastic-to-chemical recycling facility in Delfzijl, Netherlands, with approximately 20,000 metric tons per year intake capacity for mixed plastic waste. Uses BlueAlp's patented pyrolysis technology combined with BioBTX's ICCP technology to produce circular benzene, toluene, and xylene.

Quantifiable outcome

• BTX yield increased by up to 100% through Zeopore-BioBTX catalyst and process synergies
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• BlueAlpcoreTechnology or Integration · 6 May 2026BioBTX selected BlueAlp as its technology partner for a plastic-to-chemical recycling plant in Delfzijl, Netherlands. BlueAlp licenses its patented continuous pyrolysis technology to convert post-consumer mixed plastic waste (~20,000 metric tons/year) into circular aromatics. The modules are being fabricated at BlueAlp's Eindhoven facility for integration at Delfzijl from December 2026 onwards. The collaboration combines BlueAlp's pyrolysis with BioBTX's ICCP technology.
• Zeopore TechnologiescoreStrategic or Co-development Partner · 8 January 2026Zeopore Technologies and BioBTX announced a breakthrough in converting waste plastics and biomass into circular aromatics. The collaboration combined Zeopore's catalysts with BioBTX's ICCP process, achieving up to 100% increase in BTX yield and nearly 50% reduction in CO2-equivalent emissions. This represents a joint process optimization achieving superior results beyond what either party could achieve independently.
• ExxonMobil Chemical HollandmajorStrategic or Co-development PartnerPartner in the €23M Circular Aromatics project under the Dutch National Growth Fund initiative Circular Plastics NL. ExxonMobil Chemical Holland participates alongside BioBTX and other partners to scale ICCP technology for converting mixed plastic waste into circular aromatics.
• KetjenmajorStrategic or Co-development PartnerPartner in the €23M Circular Aromatics project under Circular Plastics NL, contributing to the scaling of ICCP technology for converting complex, contaminated, and mixed plastic waste into circular aromatics.
• NTCP (National Technology Cluster Program)majorStrategic or Co-development PartnerPartner in the €23M Circular Aromatics project under Circular Plastics NL, supporting the Netherlands' ambition for a 100% circular economy by 2050.
• ISPT (Institute for Process Engineering)majorStrategic or Co-development PartnerPartner in the €23M Circular Aromatics project under Circular Plastics NL, contributing research and development expertise to scale ICCP technology.
• University of TwentemajorStrategic or Co-development PartnerPartner in the €23M Circular Aromatics project under Circular Plastics NL, contributing academic research capabilities to scale ICCP technology for circular aromatics production.
• University of GroningenmajorStrategic or Co-development PartnerPartner in the €23M Circular Aromatics project under Circular Plastics NL and co-recipient of €2.8M Just Transition Fund (with TU Eindhoven), contributing academic research to advance ICCP technology.
• TU Eindhoven (Technical University of Eindhoven)majorStrategic or Co-development PartnerCollaborated with BioBTX and Rijksuniversiteit Groningen to secure €2.8M in funding from the Just Transition Fund in October 2023 to advance ICCP technology, developing the next stage of the BioBTX technology.
• Covestro (Circular Foam Horizon 2020 Consortium Coordinator)minorStrategic or Co-development PartnerBioBTX participates in the European Union's Horizon 2020 Research and Innovation programme Circular Foam, coordinated by multinational Covestro. The consortium consists of 21 participating organisations focused on circular chemistry research.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Anellotech: Anellotech develops catalytic pyrolysis technology to convert biomass and waste plastics into bio-based aromatics (BTX). It is the closest direct competitor to BioBTX, targeting the same circular BTX market with a comparable technology platform.
• Plastic Energy: Plastic Energy operates pyrolysis plants converting end-of-life plastics into pyrolysis oil and other chemical intermediates. While its primary product is pyrolysis oil rather than pure BTX, it competes directly for feedstock and licensing opportunities in plastic-to-chemical recycling.
• Mura Technology: Mura Technology develops advanced plastic-to-feedstock recycling using supercritical steam, producing naphtha and other chemical precursors. It competes with BioBTX in the chemical recycling licensing space and targets the same circular chemical buyer base.
• Quantafuel: Quantafuel (now Quantafuel ASA / Green Dot) operates plastic-to-chemical recycling plants converting mixed plastic waste into naphtha and diesel-like fuels. It serves as a direct comparison point for feedstock flexibility and chemical recycling economics.

Broad incumbents

• Eastman Chemical: Eastman has invested heavily in molecular recycling (carbon renewal technology) to produce circular aromatics and other chemicals from plastic waste. As an established petrochemical incumbent, it competes with BioBTX in circular BTX while also being a potential customer or licensing partner.
• BASF: BASF is a global leader in petrochemicals and aromatics production and a major BTX consumer. It is both a potential competitor (via ChemCycling) and a potential offtake partner, sitting at the top of the same value chain BioBTX targets.
• SABIC: SABIC is a major global petrochemical producer of benzene, toluene, and xylenes. As an incumbent aromatics producer with established customer relationships and scale, it represents both a competitor and a potential strategic partner for BioBTX.
• INEOS: INEOS is a major global petrochemical producer with significant aromatics capacity. As both an incumbent BTX producer and an industry participant in circular chemistry discussions, it is a relevant comparison point for production scale and customer base.

Emerging players

• GreenMantra Technologies: GreenMantra converts recycled plastics into specialty chemicals and synthetic waxes using catalytic depolymerization. While not producing BTX directly, it competes in the plastic-to-chemical recycling space with overlapping customer segments.
• Origin Materials: Origin Materials produces bio-based chemicals including aromatics from sustainable feedstocks. It overlaps with BioBTX in the bio-based aromatics value proposition but uses different feedstocks (e.g., wood residues) and technology.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BioBTX