Specifically, those participating in the collaboration are Integrated Green Energy Solutions (IGES), FinCo Fuel Nederland B.V. (FinCo) and Cooperative of fishermen Texel (CIV Texel).
According to the plan, the fishermen after collecting the waste, the latter will be delivered to IGES, which will produce low carbon diesel quality fuels from the collected plastics at its new Amsterdam production facility, which is currently under construction. Thus, FinCo is responsible to distribute the fuel back to the fishermen as a clean diesel for their fishing fleet.
Commenting on the project, which is supported by Paro Amsterdam B.V. Stichting De Noordzee and KIMO, Bart-Willem ten Cate, responsible for biofuels and renewables at FinCo Fuel Group, noted
It works two ways; on one hand these waste-to-plastic fuels result in a significant reduction of CO2 emissions which reflects the ambitions of all companies involved, and on the other hand it shows our commitment to be actively involved in the cleanup of our oceans.
In addition, he continued that he hopes the initiative is scalable, and that more fishermen at the North Sea and the Waddenzee will participate.
Executive Chairman of IGES, Paul Dickson expressed his excitement on participating in this project as it is a chance to engage with the local community and tackle pollution, while also create positive impacts.
Our patented technology offers a sustainable solution to reduce plastic pollution and maximize the economic value of end of life plastic.
Dickson concluded that the agreement will result in a reduction of about 80% less CO2 emissions, in comparison to conventional diesel.