Anders Olsson, a Swedish financier and founder of Cassandra Oil, stands next to his CASO reactor as it harvests oil from waste material at his company’s industrial headquarters in Västerås, Sweden.
On the inlet side of the patented reactor, a screw conveyor feeds shredded waste tyres into the machine. On the outlet side, a spigot on the machine spews light crude oil into a tank.
This is Brent-quality crude oil, or better. We are ready with the technology. In two years, we’ll be able to deliver 20 of these reactors annually.
Anders Olsson, founder of Cassandra Oil
“This is Brent-quality crude oil, or better,” says Olsson, referring to a trading classification of light crude oil. He holds up a bottled specimen as if it were a fine liqueur. “We are ready with the technology,” he says. “In two years, we’ll be able to deliver 20 of these reactors annually.”