CASSANDRA OIL AB and BF HOLDING OÜ entered in to a MoU, outlining the terms for a potential start of a JV in the recycling business in Estonia, The first plant will be based in Fosforiidi, Maardu, Estonia and consist of one CASO reactor. BF HOLDING OÜ has applied for EU funding contributions based on Cassandra Oil's unique fast depolymerization technique.