WPU - Waste Plastic Upcycling A/S announce that the has made its first delivery of PtL, an innovative upcycled end-of-life plastic waste feedstock. This marks a key milestone for WPU in its mission to reduce the negative environmental impacts of end-of-life plastic waste and is a testament to Company's commitment to sustainability. Under the offtake agreement between Vitol and WPU, Vitol is granted the right to procure and redistribute PtL that is produced using the WPU advanced upcycling technology.

The potential impact of PtL on the plastic industry is significant. By replacing traditional materials with PtL, the industry can reduce its dependence on fossil fuels and have access to lower-cost production. Additionally, WPU's upcycling of end-of-life plastic waste can help reduce the amount of plastic waste going to landfills and into the environment.

All in all, PtL is a game-changer for the plastic industry, as it offers a sustainable and cost-effective alternative to traditional materials.