Sweden
Cassandra is a Swedish startup with the slogan "Transforming used tyres and mixed plastic waste streams into products and replacing crude oil." Founded in 2011, Cassandra has developed a commercially viable technology to address hydrocarbon-rich waste, specifically plastics and tires. The company operates with a patented reactor technology that utilizes catalytic cracking methods to break down the hydrocarbon chains and create light fractions of oil from waste. This innovative solution enables the recycling of various waste products, including plastics, tires, oil sludge, and electronic scrap, serving as an environmentally friendly alternative to incineration.
The company's technology boasts no harmful emissions and utilizes 10% of the produced energy to power the plant itself. Moreover, the flexibility of the Cassandra Oil's CASO-processing plant allows for easy transportation and assembly at recycling locations within a few days. Beyond its innovative technology, Cassandra Oil aims to play a crucial role in the circular society by securing supplies of recyclable material, partnering with and supporting the waste management and oil industries, and continuing to innovate for a green, sustainable society.
