Combination of advanced recycling and purification technologies enable more efficient processing and reuse of hard-to-recycle plastic.
The companies will bring their combined process technology expertise and know-how to complete comprehensive performance trials at Anellotech’s 100 tonnes/year nameplate feed rate demonstration plant in
The Plas-TCat™ process can feed all major plastics with predictable end-product yields. This process can reduce CO2 emission up to 50% compared to the production of virgin monomers in naphtha crackers.
About
Operating in 34 countries, our 15,000 people are fully committed to bringing our clients’ innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
For further information: www.ten.com
About
Anellotech (http://www.anellotech.com) supports the sustainable economy by developing and commercializing technologies for the innovative production of cost-competitive renewable chemicals and fuels from non-food biomass or plastics waste. Its fully developed Bio-TCat® technology is an efficient thermal catalytic process for converting non-food biomass into benzene, toluene and xylene, as well as distillate for biofuels. Anellotech is now focused on Plas-TCat®, another fluid-bed catalytic process technology that converts mixed plastic wastes in one step into BTX, aromatics, olefins and paraffins, the basic chemicals used to make plastic for packaging and other products.
Contacts
Head of
& Circularity, Technology & Innovation
Tel: +1 281-249-2475
Email: annette.morgan@ten.com
Important Information for Investors and Securityholders
Forward-Looking Statements
This press release contains forward-looking statements that reflect Technip Energies’ (the “Company”) intentions, beliefs or current expectations and projections about the Company’s future results of operations, anticipated revenues, earnings, cashflows, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company operates. Forward-looking statements are often identified by the words “believe”, “expect”, “anticipate”, “plan”, “intend”, “foresee”, “should”, “would”, “could”, “may”, “estimate”, “outlook”, and similar expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on the Company’s current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on the Company. While the Company believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Company will be those that the Company anticipates.
All of the Company’s forward-looking statements involve risks and uncertainties, some of which are significant or beyond the Company’s control, and assumptions that could cause actual results to differ materially from the Company’s historical experience and the Company’s present expectations or projections. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements.
For information regarding known material factors that could cause actual results to differ from projected results, please see the Company’s risk factors set forth in the Company’s 2023 Annual Financial Report filed on
Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. The Company undertakes no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.
Attachments
- Anellotech
- PR_T.EN Anellotech_EN
Anellotech
Copyright Anellotech
2024 GlobeNewswire, Inc., source