Dutch startup BioBX bags €80M to turn plastic waste into hydrocarbons

A Dutch startup has devised a way to convert mountains of plastic waste into chemicals essential for the production of a wide range of goods, from bottles to batteries.  BioBTX has patented the process — known as Integrated Cascading Catalytic Pyrolysis — and just secured €80mn to scale it up.  Armed with the fresh funds, the company will build a factory in Groningen capable of converting 20,000 tonnes of plastic waste a year into chemicals like benzene, toluene, and xylene. Scientists refer to these hydrocarbons as aromatic compounds due to their unique smell. Aromatics form the building blocks of the…

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