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The ORLEN Group is the world’s pioneer in commercialising Multifuel, a cutting-edge technology that enables the generation of electricity and heat using hydrogen, natural gas or any mixture of the two, in a fully automated process.
ORLEN Venture Capital (“ORLEN VC”) has invested in ReVentas, a Scottish start-up whose innovative recycling technology converts plastic waste into high-quality polymers for demanding applications such as consumer packaging. The technology will cut the carbon footprint of plastics and meet rising demand for premium recycled feedstocks, underscoring the priority ORLEN places on decarbonisation and circular-economy principles in the its updated ORLEN 2035 strategy.
Under an agreement signed today, ORLEN has partnered with the Warsaw University of Technology Branch in Płock and the AGH University of Science and Technology in Kraków to collaborate on advancing the technology for synthetic fuels production. The collaboration aims to jointly seek funding from domestic and European sources, provide expert support in establishing research infrastructure, utilise advanced process modelling tools available at the universities, conduct research projects and train future personnel for the ORLEN Group, which will be the primary benefits of today’s agreement.