Quantafuel – Main Quotes from QFUEL Investor Call on 12/1/22

Quantafuel (QFUEL) had an investor roadshow for Pareto Securities and ABG Sundal Collier clients. The presentation is on their web in the section Presentations

There was a big interest in the presentation – more than 100 institutional investors attended the presentation

The main news from the call: “…we have the corrected feeding issues and restarted the plant today and anticipate achieving PoC shortly…”

The main quotes from the presentation by CEO Lars Rosenlov:

Skive update

  • turnaround is completed, CAPEX was as guided
  • cold and hot commissioning is completed
  • second line in operation earlier than anticipated
  • both lines operate stable at high capacity
  • chemical process is working
  • the failures we were experiencing were in the feeding system which is very simple system in comparison with the chemical part
  • we were very close to achieving the PoC before Christmas and again January
  • today we have the corrected feeding issues and restarted the plant today and anticipate achieving PoC shortly
  • Proof of Concept – definition is the toughest I have seen in gas and oil business
  • we reiterate our 12k tonnes production target for the year
  • we anticipace starting additional line each quarter this year

Kristianslund update

  • 20k mechanical recycling in operation
  • testing different chemical reactor than we have in Skive – Skive is heated by own produced gas, here we have electrical
  • we are seeing much better prices on outputs than we expected

Esbjetg (Denmark)

  • 160k tonnes per year capacity
  • Denmark recently announced 60% recycling targets, higher than the EU
  • Plant economics are very strong – unlevered IRR higher than 30%
  • Political landscape in Denmark is very favorable
  • we have potential investors in the data room as we speak
  • we are ready to move forward this quarter


  • Signed MoU with ENOC and Dubal Holding1 for the development of large scale PTL plants
  • Strategically located sites evaluated

Sunderland (UK plant)

  • UK very interesting market, we have very good plot with excellent logistics location
  • 100% owned by QFUEL
  • project is now in permitting phase

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