11 Jun 2024 --- Netherlands-based BioBTX, a developer of renewable aromatics technology, has secured over €80 million (US$86 million) to launch its first commercial-scale plant. The financing will fund the world’s first renewable chemicals plant utilizing BioBTX’s ICCP (Integrated Cascading catalytic Pyrolysis) Technology to produce aromatics from plastic waste and biomass.BioBTX says it is spearheading the creation of a circular chemical industry, which will significantly reduce carbon emissions and reliance on fossil fuels.
