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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
WPU - Waste Plastic Upcycling
WPU - Waste Plastic Upcycling (WPU) investor relations material
WPU - Waste Plastic Upcycling has been delisted
WPU - Waste Plastic Upcycling Q3 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2024 earnings summary29 Nov, 2024
Executive summary
Processed 636 tons of waste plastic into PtL feedstock in Q3, totaling 1,970 tons year-to-date.
Focused on optimizing production and technology, leading to increased production in early Q4.
Strengthened supplier relationships to secure high-quality feedstock.
Financial highlights
Q3 operating revenue was 3.7 million DKK; revenue was 4.6 million DKK below budget due to poor feedstock quality.
Q3 pre-tax loss improved to -12.4 million DKK from -14.6 million DKK in Q2; YTD pre-tax loss reached -40.8 million DKK.
Costs remained aligned with budget.
Net cash outflow from operations was -29.8 million DKK in Q3; net change in cash and cash equivalents was -12.3 million DKK.
Outlook and guidance
October production roughly matched full Q2 output, indicating operational improvements.
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Frequently asked questions
Waste Plastic Upcycling A/S is active in the environmental sector with a focus on converting end-of-life plastic waste into valuable resources such as oil (naphta) through pyrolysis technology. This innovative approach not only addresses the growing issue of plastic waste but also contributes to the circular economy by producing materials that can be used to manufacture new plastic products or as a supplement in bio-oils and fuels for various applications, including aviation. The company is headquartered in Fårvejle, Denmark, and its shares are listed on the Oslo Stock Exchange.