Quantafuel Skive
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.
- Company typePrivate
- Founded2017
- HeadquartersSkive, Denmark
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
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.
Quantafuel Skive firmographics
Firmographics- 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
Quantafuel Skive industry classification
Industry- 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
Where Quantafuel Skive is headquartered
LocationHeadquarters
- HQ city
- Skive
- HQ country
- Denmark
- HQ region
- Europe
Offices2 records
Markets served
Quantafuel Skive business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Infrastructure, Supply Chain, Technology or R&D, Personnel
Revenue model
- 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
Quantafuel Skive product offering
Product offeringCore 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
Companies that use Quantafuel Skive
Customer profileSegments1 record
Ideal customer profiles1 record
Quantafuel Skive technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Quantafuel Skive partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Rivington EnergyminorViridor 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
Quantafuel Skive competitors and assessment
Company assessmentDirect 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
Quantafuel Skive social profiles
Digital presenceQuantafuel Skive financial estimates
Financial estimateRevenue estimate
Valuation estimate
Quantafuel Skive leadership team
Management profileNumber of profiles
Quantafuel Skive funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Quantafuel Skive M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Quantafuel Skive
What does Quantafuel Skive do?
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.
Is Quantafuel Skive a public or private company?
Quantafuel Skive is a private company. It is classified as corporate owned and is currently operating.
When was Quantafuel Skive founded?
Quantafuel Skive was founded in 2017. It employs 11 to 50 people.
Where is Quantafuel Skive based?
Quantafuel Skive is headquartered in Skive, Denmark, in the Europe region.
How does Quantafuel Skive make money?
One revenue line is on record: recycled Oil Sales.
Who are Quantafuel Skive's main competitors?
Direct peers on record are Plastic Energy, Agilyx and Mura Technology. Broad incumbents are SABIC, Eastman Chemical, BASF, Neste and INEOS. Pyrowave is listed as an emerging player. Suez is listed as an others.
Does Quantafuel Skive have an API?
No public API is recorded for Quantafuel Skive.
What industry is Quantafuel Skive in?
Quantafuel Skive's product category is Chemical Recycling / Plastics-to-Liquids. Its primary akta.pro industry code is EUAIAKAC, Chemical/Advanced Recycling (Pyrolysis, Depolymerization, Solvolysis, Gasification), with a secondary code of IMANAMAD, Chemical/Advanced Plastics Recycling (Depolymerization, Pyrolysis, Solvolysis). Its NAICS code is 56292 and its SIC code is 2821.