All major energy and consultancy companies agree that the demand for fuel will grow for the next 30-40 years despite the global migration to renewable energy.

Additionally, a specific market opportunity exists as the demand for low-Sulphur marine fuel (0.5% Sulphur) is forecast to increase exponentially.  An extra 240 million litres/day will be needed from 2020, following changes in the International Maritime Organization’s regulations which require the reduction of sulphur content in marine fuel. There is not sufficient current or planned refinery production to meet this demand.

The 250 million tonnes of plastic waste which is generated every year could be converted into 225 million litres of fuel with a current market value of at least 100 billion EUR (February 2019).