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
Pitches and Keynote Speakers Are Confirmed for Blue Magic Netherlands on November 174.11.2026 17:00:00 CET | Press release
SAN DIEGO, CA / ACCESS Newswire / November 4, 2026 / Blue Magic Ventures by General Atomics Aeronautical Systems, Inc. (GA-ASI) returns on November 17 for the next Blue Magic Netherlands (BMNL) Dual-Use Innovation & Investment Conference in Eindhoven. This is the third year that Netherlands-based technology companies have been invited to pitch innovative, transformative solutions addressing critical defense and security challenges. This year's event will feature remarks from key figures in the defense community: Brigadier General Peter Gielen, Military Advisor on Integrated Air and Missile Defence of the Netherlands; Mark Lengton, Deputy Commissioner Military Production, Ministry of Economic Affairs & Climate Policy; and Kadri Tammai, Chief Programme Officer, Regional Director, NATO DIANA (Defence Innovation Accelerator for the North Atlantic). "We've been successful in tapping into the Dutch ecosystem, which has a great wealth of knowledge and know-how," said Brad Lunn, managing direc
RE Royalties Launches $5 Million Series 5 Green Bond Offering and Provides Strategic Growth Update4.11.2026 00:00:00 CET | Press release
VANCOUVER, BC / ACCESS Newswire / November 3, 2026 / RE Royalties Ltd. (TSXV:RE)(OTCQB:RROYF)(FSE:Y2V) ("RE Royalties" or the "Company") is pleased to announce the launch of its fifth secured Green Bond offering, seeking to raise up to $5 million to support the continued growth of its renewable energy royalty portfolio. Building on the success of its previous Green Bond issuances, the Company will offer Series 5 secured Green Bond Units through a non-brokered private placement of Series 5 secured green bond units (the "Green Bond Units") at the price of either $1,000 or US$1,000 per Green Bond Unit for gross proceeds of up to $5,000,000 (the "Private Placement Offering"). Each Green Bond Unit will be comprised of $1,000 or US$1,000 principal amount of green bonds (the "Green Bonds") and 1,000 common share purchase warrants (each a "Warrant"). For the purposes of calculating the Private Placement Offering's aggregate gross proceeds, issuances of the United States dollar denominated Gree
OMP Extends UnisonIQ with Agent Library and Agent Studio: AI Agents that Produce Executable Supply Chain Plans3.11.2026 15:00:00 CET | Press release
ANTWERPEN, BE / ACCESS Newswire / November 3, 2026 / OMP, a leader in supply chain orchestration, today extended UnisonIQ, the AI framework in its Unison Planning™ platform, with the Agent Library of ready-to-deploy AI agents and Agent Studio, where companies build their own. The agents run on the optimization engines in Unison Planning™ and produce executable supply chain plans. Bekaert is among the early adopters of UnisonIQ. Supply chain organizations face board-level pressure to show progress on AI, but many struggle to move beyond experiments. Generic AI models and decision-intelligence tools miss the industry-specific context and semantics that planning depends on, while planning tools with an AI layer on top lack reasoning depth. Both can produce a confident answer that ignores real-world constraints such as shelf life, co-products, and shared capacity. In UnisonIQ, by contrast, each agent works from a reality-based digital twin of the customer's own supply chain and calls on th
Fermi Provides Update on Lease Agreement as Parties Work Toward Closing3.11.2026 13:00:00 CET | Press release
DALLAS, TX / ACCESS Newswire / November 3, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today issued the following statement on the Data Center Lease and Services Agreement (the "Lease") between its wholly owned subsidiary, Fermi Campus 1 LLC, and TensorWave TEX1, LLC ("TensorWave"), after the October 31, 2026 closing date passed without extension. "Both Fermi and TensorWave remain committed to this lease, and we are continuing to work through the remaining conditions prior to close," said Lee McIntire, Fermi Chief Executive Officer. "We expect to provide more information on the discussions during our earnings call next week, or sooner if appropriate." The Lease, signed in August 2026, provides that its effectiveness is subject to the satisfaction or waiver of specified closing conditions. Those conditions include executing and delivering related work letters and guaranties; finalizing operations schedules and a service-level agreem
IXOPAY Announces IXO One, a Modular Payments Platform Built for an Era of Fluid Commerce3.11.2026 10:00:00 CET | Press release
DALLAS, TX / ACCESS Newswire / November 3, 2026 / IXOPAY, the leader in payment infrastructure enabling fluid commerce, today announced the launch of IXO One, an AI-native, modular payment platform that unifies orchestration, payments intelligence, and tokenization. It gives merchants the flexibility to buy what they need, build what they want, and adapt as commerce evolves. Built to power an era of fluid commerce and technology-driven payment experiences, IXO One provides the dynamic infrastructure needed to adapt quickly without ripping out or replacing their current payment stack. Traditional payment infrastructure makes it difficult for merchants to embrace fluid commerce and a rapidly changing payment market. From fragmented systems to rigid provider relationships, a new opportunity can require a heavy integration lift, slow time-to-market, and increased costs. IXO One's modular platform helps merchants mitigate the payment friction that leads to provider dependency, expensive mig
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