Seeking to Change the Way the World Views Plastic Waste
ReNew ELP see end-of-life plastic not as a problem waste which should be buried or burned at the expense of the natural world, but as a resource that can be recovered and re-used, contributing to a low-carbon, plastic neutral and sustainable future.
At the forefront of chemical recycling, ReNew ELP use their technology, Cat-HTR™, to convert end-of-life plastic that cannot currently be recycled (such as multi-layer film) into valuable chemicals and oils. Our process retrieves value from waste, greatly reduces the requirement for fossil resource and diverts plastic waste away from landfill, incineration, and the environment.
Find Out MoreMeet The TeamUnlocking the Value in Plastic Waste
With approximately 350 million tonnes of plastic now being produced annually,4 by 2050 around 12 billion tonnes of plastic waste will be in landfills and the environment,5 with increasing amounts incinerated, if current trends in production and disposal continue.
It is estimated that only 9% of all plastic ever produced globally has been recycled6
Plastic production consumes around 6% of global oil production, set to increase to 20% by 20507
The lost resource of combined plastic waste globally is valued at over $80 billion per year2
Our unique, patented hydrothermal upgrading platform, Cat-HTR™ (Catalytic Hydrothermal Reactor), utilises water under supercritical conditions to crack the carbon bonds within end-of-life plastic, creating shorter chain hydrocarbon products.
Following the process, refining separates the water and process gas from the new hydrocarbons. The output chemical products range from light hydrocarbons (process gas), naphtha and oils to heavy waxes and residue components.
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