What is the BlueInvest Project Pipeline?

See our showcase of innovative projects and entrepreneurs who are shaping the Blue Economy.

Projects consist of innovative, scalable and sustainable business ventures from traditional and emerging sectors of the maritime economy.

The graphs below provide an overview of the country distribution, sector, and TRL of projects currently listed in the BlueInvest Project Pipeline.

 

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Selection Criteria:

Your company is EU-based or from an eligible sea basin region (Georgia, Turkey, Ukraine, Moldova, Montenegro, Albania, Bosnia-Herzegovina, North Macedonia, Serbia, Turkey, Israel, Egypt, Tunisia, Algeria, Morocco, Lebanon, Syria, Libya, Mauritania, United Kingdom, or Norway)

Your project TRL is 4 or higher

Your project sector is in one of the 10 blue economy sectors identified for this initiative

Your solution has a clear sustainable impact on the blue economy

Your project is looking for investment

Project Country

Country in which the project is being developed and / or implemented. 

Project Sector

Main blue economy sector the project relates to.

Project TRL

Current technology readiness level of the project. 

Clenflex A/S

Non Recyclable plastic conversion into new materials.

  • Blue biotechnology

Company behind project
Clenflex A/S

Denmark

About Us
Jan Mathorne: Founder and CEO. Has an educational background as a Marine Engineer. He has worked in senior management and executive positions within shipbuilding, industrial operation, logistic and information technologies. Several of the positions are international positions. Niels Immerkjr: Founder has an educational background as an Electrical Engineer. Niels has worked in senior management and executive positions within the building and construction of urban power plants, wind energy industry, and Wind Project development. Several of these positions are internationally based.


Problem we are solving
We are a developer of turnkey pyrolysis projects which enable end-of-life plastic to be converted into green pyrolysis oil. Our reactors are in 2 different sizes. One has the capacity of 5 tons/day and the other one can process 25 tons/day. The biggest reactor is used in stationary land-based plants. The mobile unit can be built into a standard 40ft ship container and make it mobile. Such mobile units can be located in countries with rivers polluted with waste plastic. The produced green pyrolysis oil can be utilized as energy for the local population.

The mobile solution will also be classified for use at sea which enables vessels to handle their plastic waste directly onboard the ship. Additionally, our units can also be located in harbors handling cruise ships in order to handle all the waste plastic generated during the cruises.

Sustainable Impact on Blue Ecconomy
End-of-Life plastic is efficiently removed. The solution is mobile and can be used where needed onshore and offshore. Using chemical recycling of End-of-Plastic plastic will generate an oil that can be used directly as a replacement for crude oil or it can be transformed into new chemicals as naphtha which is used in the production of new virgin plastic.

TRL
  • TRL 7 - System prototype demonstration in a relevant environment



Financial Needs-

Planned Funding Allocation
  • Other, please specify