Quantafuel Skive

What Quantafuel Skive does

Quantafuel Skive operates a commercial-scale Plastics-to-Liquids (PtL) chemical recycling facility in Skive, Denmark, converting hard-to-recycle mixed plastic waste into recycled oils that can substitute for fossil-derived raw materials in plastic manufacturing. The core technology is a depolymerisation process, described as the first commercial-scale implementation of its kind globally, designed to process up to 20,000 tonnes of plastic waste annually. The unit is wholly owned by Viridor, a UK-based recycling, resource, and waste management company headquartered in Ardley, England, whose ownership structure includes institutional investment from Equitix.

The business operates as a B2B industrial processor, selling recycled oils directly to plastic manufacturers under commercial supply contracts. Revenue is generated transactionally through the sale of recycled feedstock oils; pricing and contract terms are not publicly disclosed. The go-to-market is sales-led, with field sales relationships and long-term contracts targeting enterprise plastic manufacturers that need sustainable raw material inputs to meet ESG commitments and recycled-content regulations. Marketing and stakeholder engagement are conducted primarily through Viridor's corporate channels, including its website, news and insights blog, and social media.

Despite the technology's positioning as circular-economy infrastructure, the economics have proven insufficient under current regulatory and market conditions. In June 2026, parent company Viridor announced plans to close its European chemical recycling operations and called for essential policy changes to make advanced plastics recycling investable. Quantafuel Skive therefore faces an imminent wind-down, with its long-term commercial viability now dependent on policy intervention rather than standalone unit economics.

Name

Quantafuel Skive

Legal name

Quantafuel

Website

https://quantafuel.dk

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Quantafuel Skive is a chemical recycling facility in Denmark, owned by Viridor, that uses depolymerisation to convert hard-to-recycle plastic waste into recycled oils for plastic manufacturers. The plant processes up to 20,000 tonnes annually under a B2B supply model.

Ownership category

akta.pro rank

Product category

Chemical Recycling / Plastics-to-Liquids

NAICS

Materials Recovery Facilities (56292)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Chemical/Advanced Recycling (Pyrolysis, Depolymerization, Solvolysis, Gasification) (EUAIAKAC)

akta.pro secondary industries

Chemical/Advanced Plastics Recycling (Depolymerization, Pyrolysis, Solvolysis) (IMANAMAD), Plastic-to-Fuel/Oil & Feedstock Upgrading (Naphtha/Cracker Feed) (EUAIAKAL)

Keywords

• Chemical recycling
• Plastics-to-liquids
• Depolymerisation technology
• Recycled oils
• Plastic waste processing

Headquarters

HQ city

Skive

HQ country

Denmark

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Recycled Oil Sales: Revenue is generated by processing plastic waste into recycled oils and selling those oils to plastic manufacturers as a substitute for fossil-derived raw materials. The plant converts hard-to-recycle plastics into valuable industrial feedstocks.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Quantafuel Skive operates a commercial-scale Plastics-to-Liquids (PtL) chemical recycling plant that uses depolymerisation technology to transform hard-to-recycle, soiled plastic waste into recycled oils. These oils are sold to plastic manufacturers as sustainable raw material inputs that replace fossil-derived feedstocks in new plastic production, closing the loop in a circular plastics economy.

Product overview

Quantafuel's Plastics-to-Liquids (PtL) technology is a single, unified chemical recycling offering. The core product is the PtL depolymerisation technology deployed at the commercial production facility in Skive, Denmark—the first of its kind globally—which processes up to 20,000 tonnes of hard-to-recycle plastic waste annually and converts it into oils for new plastic production, closing the loop on plastic in the circular economy.

Differentiator

Problem solved

Functional benefit

Products and services

• Plastics-to-Liquids (PtL) recycled oils Recycled oils produced by Quantafuel's depolymerisation technology at the Skive plant. These oils are sold to industrial plastic manufacturers as sustainable raw material inputs that replace fossil-derived feedstocks in the production of new plastics. The Skive facility is designed to process up to 20,000 tonnes of hard-to-recycle plastic waste annually into these oils.

Quantifiable outcome

• Up to 20,000 tonnes of plastic waste processed annually into recycled oils

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Rivington EnergyminorStrategic or Co-development Partner · 10 June 2026Viridor announced a partnership with Rivington Energy on 10th June 2026. This appears to be a strategic energy partnership related to Viridor's broader energy recovery and circular economy operations, including its chemical recycling activities through Quantafuel.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Plastic Energy: UK-headquartered advanced recycler converting hard-to-recycle plastics into oils via thermal depolymerisation — the closest direct competitor to Quantafuel's PtL chemistry, competing for the same industrial offtake customers in Europe.
• Agilyx: US-based chemical recycling company operating depolymerisation of polystyrene and other plastics into monomer/feedstock — adjacent depolymerisation technology serving similar plastic-manufacturer offtake customers.
• Mura Technology: UK-based chemical recycling company deploying hydrothermal (Cat-HTR) depolymerisation to convert mixed plastic waste into feedstock oils — competes directly with Quantafuel in the European advanced recycling market.

Broad incumbents

• SABIC: Global petrochemical major operating the TRUCIRCLE programme for certified circular polymers including chemically recycled content — directly overlaps with Quantafuel's recycled-oils-for-polymer thesis at much larger scale.
• Eastman Chemical: Major US specialty chemical company with a commercial-scale chemical recycling programme (PRISM methanolysis) producing recycled resin feedstocks; competes with Quantafuel for the same brand-owner and converter demand for recycled content.
• BASF: World's largest chemical company and an active participant in chemically recycled feedstocks (ChemCycling programme); broad incumbent with the balance sheet to acquire or replicate Quantafuel-class technology if Viridor exits.
• Neste: Finnish renewables and circular-economy major producing renewable and recycled feedstocks at industrial scale; competes for downstream polymer producer demand and could absorb Quantafuel-style assets.
• INEOS: Global petrochemicals and polymers major with growing activity in chemically recycled feedstocks and offtake partnerships; broad incumbent overlap with Quantafuel's mission of replacing fossil feedstocks in polymer production.

Emerging players

• Pyrowave: Canadian advanced recycling company using microwave-assisted depolymerisation to convert polystyrene and other plastics into monomer feedstock — emerging competitor with a similar chemistry-led approach to Quantafuel.

Others

• Suez: European waste-management and circular-economy major with growing investments in chemical recycling and plastic-to-feedstock platforms; ecosystem participant that could be a natural acquirer or partner if Viridor exits the chemical recycling unit.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/viridoruk?lang=en
• LinkedInlinkedin.com/company/quantafuel

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Quantafuel Skive