Cassandra Oil was established in 2011 to industrialise and commercialise a patented and scalable reactor technology for recycling of hydrocarbon-based waste and production of oil, through its own business or in partnership with others. Cassandra Oil's technology will contribute to a sustainable circular society.
The oil is produced from materials containing hydrocarbons, for example discarded car tires, plastic waste, oil sludge, waste oil and, in the future, oil sands, oil shale and electronic waste. The supply of raw materials is considered to be almost inexhaustible.
The recovered oil can be sold on the open oil market or directly to energy-intensive industries, as well as used for production of oil-based products such as new plastic, tyres or diesel. Cassandra Oil aim to be an important link in the global circular economy.
A key strategy for Cassandra Oil is to guarantee the supply of materials by establishing long-term contracts with partners in the waste management industry and the oil industry.
Competitive edge technology
Cassandra Oil's operations are based on a patented reactor technology that utilises catalytic cracking methods to break the hydrocarbon chains and thereby create light fractions of oil from waste. This technology offers a number of advantages;
- One of few viable alternative to incineration
- High level of efficiency (up to 90%)
- It is possible to produce oil from many types of waste containing hydrocarbons without needing to sort or separate the materials
- Low energy consumption
- Environmentally friendly process
- A CASO processing plant can be assembled and be operational within a couple of weeks. It fits in a regular 40ft container for easy transport to operational sites.