Moving Energy
Efficiently
USE
Production of new plastics, tyres, and other rubber products
SUPPLY
Mainly Europe
DEMAND
Mainly Europe
Circular Products
Gunvor is trading circular products to reduce the dependency on virgin fossil resources, to minimize environmental impact, and to reuse the valuable hydrocarbon content present in waste streams.
Gunvor’s Circular Products trading focuses on tyre pyrolysis oil, plastic pyrolysis oil and circular naphthaNaphtha refers to a variety of volatile, highly flammable liquid hydrocarbon mixtures used mainly as solvents and diluents, as well as the raw material for conversion to gasoline. Reference: OECD <https://stats.oecd.org/glossary/detail.asp?ID=4614>... Read more. Pyrolysis oil is made through the chemical recyclingChemical recycling refers to an array of advanced processes that convert plastic waste into its fundamental chemical constituents, which can then be utilized to produce new plastics or other products.... Read more of waste plastics or waste tyres. Afterwards, it is processed through the petrochemicalPetrochemical refers to a substance that is obtained by refining and/or processing petroleum or natural gas. Read more industry for the production of naphtha and other petrochemical products.
Circular naphtha can serve as a valuable feedstock in chemical manufacturing or other industrial applications, thereby reducing reliance on virgin fossil fuel resources. By establishing a closed-loop system, circular naphtha recycling not only minimizes waste and environmental pollution but also supports the principles of a circular economy.
This sustainable strategy contributes to resource conservation, offering both economic advantages and environmental benefits.
