Empyro, a unique plant for the production of sustainable pyrolysis oil, to remain in the hands of Twente
Hengelo, 12 December 2018
Today, Gerhard Muggen, Director of BTG-BTL and Empyro, passed the proverbial baton to Marc Kapteijn, Director of Twence. The parties will continue working closely together to further develop the plant and explore new sustainable initiatives.
Do what you are good at and join forces
Gerhard Muggen: “BTG-BTL has developed unique technology for the production of pyrolysis oil. We intend to roll-out this technology on a global scale and thus contribute to the energy transition. The Empyro plant is the first plant in the world that has been realised on a commercial scale. This plant demonstrates that this technology is successful. However, it is not BTG-BTL’s aim to produce oil itself. We are therefore happy with this takeover and that we can continue to use Empyro’s name as a successful reference. Twence has extensive knowledge of large-scale production processes and wants to invest and scale up. Our ‘baby’ is in good hands and we will be looking together at the processing of roadside grass (a waste stream that is difficult to process) into pyrolysis oil. Everyone will then do what they are good at and we will join forces.”
Marc Kapteijn also looks forward to a successful cooperation: “Twence focuses on the recovery of raw materials and the production of renewable energy. We are happy to add this unique plant, which produces the same proportion of renewable energy as the energy requirement of 8,000 households, to our portfolio. The joint development of new sustainable initiatives also provides regional strength in realising the sustainability goals. We will take great steps together to reduce the use of fossil fuels.” Twence will continue to do business on the same footing and welcomes all Empyro employees as of January.
Energy Fund Overijssel
Annemieke Traag, Deputy for Energy, Environment and Europe of Provincie Overijssel, welcomes the takeover: “As the provincial authorities of Overijssel, we are working – together with our partners – towards achieving 20% renewable energy in 2023, and an energy neutral province in 2050. Innovation is a significant aspect of the transition to renewable energy. As a province and Energy Fund Overijssel, we – together with the initiators and fellow shareholders – stuck our necks out at the time to put the financing in place. The fact that the market is now interested in operating the pyrolysis plant means that our resources have done their job and can be used again to invest in other projects. We congratulate both BTG-BTL and Twence with this successful takeover and look forward to the further development of pyrolysis as announced by both companies.”
For additional information, please contact:
Gerhard Muggen, Director BTG-BTL: +31 (0)6 20739802 or email@example.com
Frank Siebelt, spokesperson Twence: +31 (0)6 20617583 or firstname.lastname@example.org