Clean Seas Morocco benefits from feedstock distribution contract with Clean Oceans 2

Clean-Seas Morocco (CSM) and Clean Oceans 2, a leader in waste management worldwide, signed a contract for the delivery of feedstock, on July 31.

Clean-Seas Morocco is the local division of the American company Clean Vision Corporation (CLNV), which specializes in green energy and clean technologies.

The distribution of waste plastic from Clean Oceans 2 will help CSM’s facility in Agadir, with a maximum deliverable amount of up to 1,000,000 metric tons of feedstock per year.

CSM has secured its supply of feedstock for the Morocco operation. The contract gives the waste plastic supply to the CSM facility in Agadir at no cost.

“Securing this volume of feedstock is key to the Clean Seas plan for its PCN expansion in North Africa”, according to Dan Bates, Chief Executive Officer of Clean Vision, this cooperation marks a new phase in the growth of the Moroccan subsidiary.

The Agadir facility is already active and has a 20 TPD capacity; by the end of 2023, activities are anticipated to be expanded to 120 TPD. The company “believes it can reach 500 TPD capacity by 2025,” according to a CSM press release.

The company believes that it will require more than 30 to 100 TPD lines to process the entire 1 million tons of feedstock that will be delivered to CSM, generating an estimated $360 million in gross revenue yearly.

This revenue will be made by creating low-sulfur pyrolysis oils from plastic feedstock, which the company plans to sell to international petrochemical corporations for use in the circular economy of plastic.

 The company’s “expansion of  PCN around the world requires securing the raw materials needed for the facility’s long-term operations and success,” said Dan Harris, the CEO of Clean-Seas Morocco.

For more than 20 years, Clean Oceans 2 has concentrated on global waste management and recycling.  The subsidiary offers practical and affordable technological solutions to the world’s plastic dilemma, which opens business opportunities and benefits society globally.