September 14, 2026 14:46

Pryme One could return to production with a new pyrolysis reactor. EMV Capital has acquired the plastic waste chemical recycling plant in the Port of Rotterdam through its subsidiary Winalot, aiming to replace the reactor that Pryme had identified as the main bottleneck and which, together with financial difficulties, contributed to the shutdown last March.

The project involves installing a proprietary reactor developed by DeepTech Recycling (DTR), a UK company in which EMV Capital holds a direct equity interest of approximately 18%.

The new reactor has already been manufactured and would be integrated into the site while retaining much of the plant’s existing infrastructure and services. DTR uses a dual fluidised-bed process to convert mixed and hard-to-recycle plastics into hydrocarbon fractions for the petrochemical industry.

Winalot estimates that approximately £6 million in additional capital expenditure will be required for the retrofit. If the necessary funding is secured, definitive commercial terms are agreed with DTR and the retrofit is successfully completed, production could restart within approximately 18 months.

For DeepTech Recycling, this would mark its first full-scale commercial deployment, while the Rotterdam plant would also serve as a demonstration and reference site for the technology.

The plant is located within the Plant One Rotterdam complex in the Botlek area of the Dutch port, alongside some of Europe’s largest refineries and major chemical producers, which are potential buyers of the pyrolysis oil.

EMV Capital’s acquisition closes a complex chapter in the plant’s history and paves the way for a second industrial attempt at the same site: much of the facility remains in place, but the reactor - which Pryme itself had identified as the main bottleneck - will be replaced.

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