Corsair group
12.2.2024 09:53:04 CET | ACCESS Newswire | Press release
BANGKOK, THAILAND / ACCESSWIRE / February 11, 2024 / Plastic waste recycling firm Corsair Bangkok Company Ltd (CORSAIR) has signed a deal to supply Shell Singapore Pte Ltd (SSPL) with pyrolysis oil, a mixed plastic waste feedstock.
Under the deal, Corsair, a company that converts daily household plastic waste into pyrolysis advanced bio oil, will deliver pyrolysis oil from its plastic waste chemical recycling facility in Thailand to the Shell Energy and Chemicals Park Singapore on Bukom.
The pyrolysis oil will then be used to manufacture sustainable circular chemicals which are typically used in a wide variety of products found in everyday life like cleaning products, textiles, food packaging and others.
The CEO of Corsair, Mr. Jussi Veikko Saloranta said, "We are very excited about this collaboration with Shell.
Plastic waste is a major global problem. From the hundreds of billions of kilos of plastic waste generated around the world annually, less than 10% is estimated to be recycled at this present time. We must do all we can to develop efficient ways for recycling the old, discarded plastic garbage into new plastic products - exactly as what's been done with metals, glass and paper. Burning the plastic in incinerators or dumping it into the landfills is not a solution - the right way is to turn the old plastic back into new plastic products.
Corsair, which started its operations in Thailand and has recently expanded into Europe, has a target to expand Internationally for a greater positive impact on the environment", Saloranta said.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page."At Shell, we believe chemical recycling offers a valuable and viable way to complement mechanical recycling measures, and is needed to achieve the higher recycling rates that are a must for the reduction of waste plastic into the environment. It is not just a partnership for innovation, but a commitment to a sustainable and circular future," said Phil Turley, General Manager of Global Plastic Circular Economy at Shell.
About CORSAIR:
Corsair Group is an international, ISCC certified plastic waste recycling company, which turns daily household plastic waste, such as plastic bags, wrapping materials and packaging products into Advanced Bio-oil at its facilities in Thailand and Finland.
With its Global Head Office located in Thailand and its European Head Office in the Netherlands, Corsair is on a mission to clean our planet from the plastic pollution, by recycling discarded plastic waste from the environment and landfills, into valuable products.
As its global development plan, Corsair aims to expand its plastic waste chemical recycling facilities globally, with its main focus on Asia, Europe and North America.
Additionally to its industrial operations as a plastic waste recycler, Corsair is also the developer and issuer of the world's leading plastic waste offset program, the CSR Plastic Credit. Through the CSR Plastic Credit, Corsair helps businesses and individuals to reduce and remove the impact their plastic waste has on the environment, by becoming Certified Plastic Neutral.
For more information, please visit www.corsairgroup.com
Contact Info
mail: agostino@corsairnow.com
phone: +66 957 613 702
SOURCE: Corsair group
View the original press release on accesswire.com
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
AI Trading Changing Stock, Gold, and Forex Trading Market: Funds Coin's Multi-Agent Trading Update Dominates20.5.2026 11:00:00 CEST | Press release
DENVER, CO / ACCESS Newswire / May 20, 2026 / Ten years ago, algorithmic trading was the exclusive territory of investment banks and hedge funds. Today, a retail trader with $100 and a smartphone can access the same class of automated execution that once required a team of quants and millions in infrastructure. That's not an exaggeration. It's the shift that's quietly reshaping stock and forex markets, and AI trading agents are at the center of it. The Old Way Is Breaking Down Manual trading made sense when markets moved slowly enough for humans to keep up. That world no longer exists. Forex markets process over $7 trillion in daily volume. Crypto trades around the clock across hundreds of exchanges. Stock prices react to news in milliseconds. The information moves faster than any individual trader can process, and emotions, such as fear, greed, and hesitation, make an already difficult job even harder. The traders who thrived in this environment were either exceptionally disciplined o
Karbon-X and Evertrak Sign Letter of Intent to Advance Infrastructure-Linked Plastic Waste Reduction Credit Initiative19.5.2026 19:45:00 CEST | Press release
Proposed initiative would evaluate the potential generation of Verra-aligned Plastic Waste Reduction Credits for approximately 200,000 railroad ties made from recycled plastic currently installed across railroad infrastructure in North America. CALGARY, AB / ACCESS Newswire / May 19, 2026 / Karbon-X Corp. (OTCQB:KARX) ("Karbon-X" or the "Company"), a vertically integrated climate solutions company operating across compliance and voluntary environmental markets, today announced the signing of a Letter of Intent with Evertrak LLC ("Evertrak"), the leading manufacturer of Glass Fiber Reinforced Composite (GFRC) railroad ties made from recycled plastic, to explore an infrastructure-linked Plastic Waste Reduction Credit ("PWRC") initiative under Verra's Plastic Waste Reduction (PWR) Standard. Across North America, 20 million railroad ties made from wood are replaced annually. Approximately 4-6 million of those ties are less than 12 years old. Safe, resilient, and efficient railroad infrastr
AP Technologies Acquires Blueacre Technology, Adding Nitinol and Precision Laser Processing to Its Catheter Platform19.5.2026 16:00:00 CEST | Press release
Acquisition extends AP Technologies' vertically integrated catheter platform into nitinol and precision laser processing. Dundalk, Ireland joins the company's network of Centers of Excellence as its first European operation. SINGAPORE AND DUNDALK, IRELAND / ACCESS Newswire / May 19, 2026 / AP Technologies, a vertically integrated contract manufacturer of catheters and medical tubing, today announced the acquisition of Blueacre Technology, a Dundalk, Ireland specialist in laser micromachining and nitinol processing for the medical device industry. The acquisition establishes AP Technologies' first European operation in Ireland's medtech corridor, and extends its catheter platform into the laser-processed metallic components used in next-generation minimally invasive devices. Terms were not disclosed. Blueacre brings nearly two decades of capability in laser micromachining and nitinol processing for the medical device industry, including femtosecond and picosecond laser cutting, laser we
Business Leaders Still Primarily Use AI for Simple Tasks, Study from General Assembly and EZRA Finds19.5.2026 15:00:00 CEST | Press release
Those who have received leadership-specific AI training more likely to use AI more often and more strategically NEW YORK CITY, NY / ACCESS Newswire / May 19, 2026 / A new survey of more than 500 U.S. and U.K. business leaders found that while they are increasingly confident in their own AI skills, the most common use cases of the technology at the leadership level remain simple tasks like searching for information (69%), summarizing documents (68%) and drafting emails (58%). Strategic applications such as scenario planning (27%), organizational design (27%) and financial modeling (28%) lag far behind. The research was conducted by General Assembly, a global leader in practical AI skills training, in collaboration with EZRA, a leading global coaching and learning provider, both LHH brands. The study also surfaces a sharp divide between leadership levels. Vice presidents consistently fall behind director-level colleagues across nearly every measure of AI adoption and competence, emerging
Europe's Hospital Cybersecurity Hot Zones and Top Cyber Vendors as EHR and EPR Attacks Shift From Data Theft to Care Disruption19.5.2026 14:50:00 CEST | Press release
Recent European hospital incidents, NIS2 accountability, EPR exposure, supplier concentration, and 72-hour downtime weakness are pushing buyers toward clinical-continuity cybersecurity ahead of HIMSS26 Europe COPENHAGEN, DK / ACCESS Newswire / May 19, 2026 / Black Book Research today issued a new European hospital cybersecurity advisory identifying the countries, attack surfaces, vendor categories, and evaluation standards now shaping hospital cybersecurity buying decisions across Europe. The advisory builds on Black Book's Pre-HIMSS26 Europe Copenhagen Cybersecurity Demand Pulse Survey of 284 self-identified European hospital, health system, HIT, clinical-digital, cybersecurity, procurement, risk, and executive respondents seeking cybersecurity options around HIMSS26 Europe in Copenhagen. Black Book reports that European hospital cybersecurity has moved beyond breach response. The 2026 priority is now clinical availability: protecting EHRs, EPRs, identity systems, lab platforms, pharm
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom