CORSAIR SUCCESSFULLY LAUNCHES OPERATIONS IN FINLAND - BEGINS TO PRODUCE ADVANCED BIO-OIL FROM PLASTIC WASTE

Corsair becomes the first Plastic Waste Chemical Recycling Company to actively operate on 2 Continents.

We are excited to inform you, that the launch of our Finnish facility at the Kaipola Industrial Estate in the city of J?ms? has started successfully.

Today 9.1.2024, our team in Finland produced the first liters of high quality Advanced Bio-oil from plastic waste.

Despite of the extreme weather conditions, with temperatures as low as -20 degrees Celsius during the last days, our team completed the delivery, loading and preparations of the plastics waste, collected from the nearby cities.

This afternoon the Chemical Recycling process was started, resulting in the production of our first liters of Pyrolysis - Advanced Bio-oil on the European soil.

This marks a tremendous milestone for Corsair and to all of our supporters and associates around the world, who have been working hard to make our expansion to Europe possible.

We wish to thank everyone involved and specifically our Project Team in Europe for their hard work and dedication. We also wish to thank the Finnish government authorities and the city of J?ms? for their continuous support for the project. Thank you.

Stay tuned for more information.