Maassluis, The Netherlands, January 13, 2022 – Synova, an advanced technology company focused on production of high value chemicals such as olefins and BTX from waste, announced today the appointment of Jörg Krüger as Chief Executive Officer.
Mr. Krüger brings with him substantial experience and a strong network in the chemical industry spanning over 30 years with Bayer, GE Bayer Silicones, Momentive Performance Materials, Orion Engineered Carbons and Compo Expert. He has a track record of building large chemical plants with EPC contractors and optimising chemical processes via developing operational excellence with global teams he led.
As CEO of Synova Jörg Krüger will play a key role in Synova’s transition from demonstrating the technology at industrial scale to commercial roll out of the technology, an area where he brings extensive expertise. Jörg will be based in Maassluis where he will lead the planning, execution and evaluation of the Synova strategy.
Jörg Krüger said: “I am passionate about the need to transform the industry from linear to circular and thrilled to join the Synova team on their journey to Plastic Circularity 2.0. I am looking forward to work with our partners in the value chain to make a large contribution to the sustainability of the industries we serve. I am convinced Synova’s technology will prove to be a differentiator in terms of much needed feedstock flexibility and significantly reduced CO2-emissions.”
Ibrahim Al Husseini, Chairman of the Synova Board of Directors said: “We are thrilled to have Jörg join our Synova team as the new CEO. He brings a wealth of industry experience both in the chemical as well as the private equity space. The timing is perfect with Synova gearing up its efforts to demonstrate and commercialize its advantaged process technology, now widely recognized by the industry.”
Synova is an advanced recycling company focused on closing the gap in the plastic supply chain. Its waste-to-chemicals technology is a superior form of chemical recycling, designed to displace the need for fossil fuels and reduce climate impacts. Synova is focused on enhancing the circular economy of plastics and helping consumer product and petrochemical companies achieve targets for reducing waste and utilizing more recycled plastics. The technology was invented by the Netherlands Organization for Applied Scientific Research (TNO), an independent Dutch research organization that, amongst others, develops technology relevant to the Circular Economy and Energy Transition.
Able to process municipal solid waste, including mixed plastic waste, the technology also features a ‘best in class’ cleanup train. It removes 99.9% of unwanted tars and uses the energy value to create a highly efficient process with a better CO2 footprint, that serves numerous applications, including olefins (the building blocks for new plastics), BTX, RNG and electricity.