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In Hamburg, Germany, Black Gold is Too Valuable to Waste
In Hamburg, Germany, Black Gold is Too Valuable to Waste

In Hamburg, Germany, Black Gold is Too Valuable to Waste

What remains as waste from large oil refineries is “black gold” for Nils Hansen. He can extract 800 different chemicals from the black sticky goo that remains after oil is refined.

 

“Something seems to go wrong every morning. An oil freighter has arrived in Hamburg from the Dutch city of Rotterdam.”

What remains as waste from large oil refineries is “black gold” for Nils Hansen. He can extract 800 different chemicals from the black sticky goo that remains after oil is refined. Oil is too valuable to waste, he says, so he is investing 150 million euros in a so-called “green refinery” in Hamburg.