Quantafuel ASA, a technology-based energy company, which converts plastic waste to environment friendly fuels and chemicals in Norway. The company was founded in 2014 and is headquartered in Oslo, Norway.

Quantafuel ASA

Quantafuel develops technology that upgrades plastic waste into valuable products through chemical recycling at its facilities, contributing to sustainable waste management.

Quantafuel

Quantafuel | 12,165 followers on LinkedIn. Chemical recycling of plastic waste | Quantafuel is a technology-based energy company converting waste plastics back into low-carbon synthetic oil products replacing virgin oil products. Quantafuel is establishing, operating and owning dedicated plastic-to-liquid (PtL) plants and plans to establish several plants throughout Europe and beyond.

Quantafuel is listed on Merkur Market (QFUEL), part of Oslo Børs/Euronext.

Senior Project Manager at Quantafuel

Joern Andersen

Olav Stadaas

Projekt Engineer

Andreas Selzer

Executive Advisor - Renewable Energy

Lars Thorstholm

Chemical recycling is key to closing the loop on plastic waste♻️. Be part of the conversation at the Chemical Recycling Europe Forum 2024 🗓️ and help drive real change towards a circular future!

How time flies! ⏳ Two years ago, we celebrated the groundbreaking of ReSource Denmark, and today, it is fully operational and has been for several months! ReSource Denmark is the largest plastic sorting facility in the country, driving innovation and sustainability forward. 🚀🌍♻️

Three months since the opening of ReSource Denmark, and the facility is buzzing with activity! Our passionate and dedicated team is hard at work, turning plastic waste into valuable resources. 💪🙌💪

🚀 We're hiring! Quantafuel is looking for a Technology and Process Implementation Manager to join our team at the Skive plant. If you're passionate about tackling global waste challenges and have a strong technical background, this could be the perfect opportunity for you! You'll play a key role in implementing technology upgrades and process improvements, driving innovation in plastic recycling. Interested? Apply now and be part of our mission to create a sustainable future! 🌍 https://lnkd.in/d5ebWZhR #JobOpportunity #Engineering #Sustainability #Innovation #PlasticRecycling

🎉 We're proud to share a glimpse into the state-of-the-art sorting technology at ReSource Denmark, a project we are very glad to be part of. This joint venture with Eurazeo in Esbjerg is revolutionising the way Denmark handles plastic waste! #PlasticRecycling #Sustainability #Innovation #CircularEconomy #ReSourceDenmark #Esbjerg

👀 Revisit the grand opening of ReSource Denmark. In this video you can see firsthand how we're transforming plastic waste management in Denmark. #ReSourceDenmark #CircularEconomy #Sustainability #Innovation

Will we see you in Amsterdam next week? Stop by Stand C72 and let’s discuss how we can drive sustainability together! 🌍

We’re looking forward to attending AMI's Chemical Recycling conference in Brussels this week! On 5th of June, Quantafuel’s Chief Commercial Officer Christian Lach will be talking about how Quantafuel is accelerating the transition to a circular economy for plastic waste. Quantafuel’s chemical recycling process perfectly complements mechanical recycling, using hard-to-recycle post-consumer plastic waste. Hope to see you there! Find out more: https://lnkd.in/gHep5dm8

🌟 Vision Realised: ReSource Denmark Opens! Today, a vision becomes reality! Quantafuel is proud to see ReSource Denmark —our brainchild and now a joint venture with Eurazeo—officially open its doors. This state-of-the-art facility in Esbjerg is set to transform the Danish plastic recycling industry, processing plastic waste locally and sustainably and helping Denmark reach is ambitious goals for plastic recycling. Thank you to everyone who has supported this pioneering project. Let’s continue to drive innovation in sustainable waste management! 🚀 Read the full press release here: https://lnkd.in/dgR4-xQ2 #ReSourceDenmark #Sustainability #Innovation #Recycling #OpeningDay Ramboll JORTON A/S Eggersmann GmbH Quantafuel Eurazeo Viridor

🌊🌿 Quantafuel Leads the Charge: Beach Cleaning Day Success! 🌿🌊 We're delighted to share the success of a beach-cleaning day orchestrated by Quantafuel's Oslo team, brilliantly led by Mona Wachenfeldt and Thomas Steenbuch Tharaldsen , in collaboration with Mustad Eiendom and participation from 12 other companies, including Statkraft , Dell Technologies and PGS . 👥 Around 40 participants from various local companies gathered, armed with bin bags, gloves, and a shared commitment to clean designated river and beach areas. The collective efforts paid of, removing a significant amount of waste and contributing to the preservation of these environments. 🎉 After the hard work, Mustad Eiendom generously hosted a social event with delicious food and drinks. The feedback was overwhelmingly positive, with many expressing eagerness to engage in future sustainability events. At Quantafuel, we are deeply committed to leading by example in sustainability within the plastic recycling sector. Initiatives like this beach cleaning day are at the heart of our mission to actively participate in environmental conservation and drive impactful community initiatives. 🌍💚 🌐 Excitingly, we plan to further develop our "Green Corner" concept, hosting more events in 2024/2025 and building a network of like-minded companies dedicated to supporting our sustainable vision. A massive thank you to everyone involved, especially to Mona and Thomas for making this day a reality. Your passion and leadership are what make our community and environmental efforts successful and meaningful!! #Quantafuel #Sustainability #CommunityEngagement #BeachCleaning #CorporateResponsibility #GreenCorner Anette Knoph Lerø Idar Alvestad Hans Narvestad Astrid Mannion-Gibson Trude Høklingen

	Dec '19	Dec '20	Dec '21	Dec '22
net income	-100.40M -	-470.61M 368.74%	6.52M 101.39%	-377.73M 5,895.18%
depreciation and amortization	3.35M -	8.89M 165.24%	20.06M 125.63%	54.15M 169.94%
deferred income tax		-1K -	-1K 0%	95.94M 9,594,400%
stock based compensation	6.60M -	5.06M 23.31%	11.40M 125.42%	8.76M 23.15%
change in working capital	75.77M -	31.05M 59.02%	-51.17M 264.82%	-116.97M 128.58%
accounts receivables	40.87M -			-12.11M -
inventory		-3.22M -	-2.56M 20.27%	-9.09M 254.39%
accounts payables	34.90M -			-15.39M -
other working capital		34.27M -	-48.61M 241.86%	-80.38M 65.36%
other non cash items	17.37M -	342.90M 1,873.85%	-197.36M 157.56%	-19.23M 90.26%
net cash provided by operating activities	2.69M -	-82.72M 3,172.70%	-210.55M 154.54%	-355.07M 68.64%
investments in property plant and equipment	-274.83M -	-206.44M 24.88%	-196.26M 4.93%	-79.92M 59.28%
acquisitions net				73.07M -
purchases of investments		-10M -	-4.26M 57.40%
sales maturities of investments
other investing activites	675K -	-4.00M 692.89%	5.00M 224.86%	3.90M 21.87%
net cash used for investing activites	-274.15M -	-220.44M 19.59%	-195.52M 11.30%	-2.95M 98.49%
debt repayment	-101.17M -	-28.20M 72.13%	-12.83M 54.50%	-189.26M 1,375.18%
common stock issued	238.87M -	826.44M 245.98%	3.16M 99.62%	404.54M 12,714.19%
common stock repurchased
dividends paid
other financing activites	198.38M -	46.48M 76.57%	8.42M 81.88%	-20.49M 343.27%
net cash used provided by financing activities	336.07M -	844.72M 151.35%	-1.25M 100.15%	194.79M 15,683.04%
effect of forex changes on cash
net change in cash	64.61M -	541.56M 738.15%	-407.32M 175.21%	-163.24M 59.92%
cash at beginning of period	86.05M -	150.67M 75.09%	692.22M 359.44%	284.90M 58.84%
cash at end of period	150.67M -	692.22M 359.44%	284.90M 58.84%	121.67M 57.30%
operating cash flow	2.69M -	-82.72M 3,172.70%	-210.55M 154.54%	-355.07M 68.64%
capital expenditure	-274.83M -	-206.44M 24.88%	-196.26M 4.93%	-79.92M 59.28%
free cash flow	-272.14M -	-289.16M 6.25%	-406.81M 40.69%	-435.00M 6.93%

QNTF

COM:QUANTAFUEL

Quantafuel

Market Cap

172.45M

Beta: -

Volume Today

175

Avg: -

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