Transforming waste plastic to oil
By 2050 there will be more plastic in the ocean than fish1
The Cat-HTR™ platform helps divert plastic, otherwise sent to landfill, and in the process creates new products from waste.
Utilising End-of-Life Plastic (ELP) to make new products means diverting plastic from landfill and our oceans. Plus, with the exclusive Cat-HTR™ platform we can chemically recycle a previously unrecyclable plastic stream. This complements our physical recycling operations for other plastic streams – meaning a significantly greater percentage of plastic sent to MRFs will actually be recycled.
How can we do this?
Using water at near or supercritical temperatures, the Cat-HTR™ converts plastic otherwise sent to landfill into fuels and chemicals.
The Cat-HTR™ chemically recycles waste plastic through a process known as hydrothermal upgrading. With over $75M invested over 10 years of development, the Cat-HTR™ is the only platform of its kind proven at large pilot scale and now commercially ready.
iQRenew owns the exclusive Australian rights to the Cat-HTR™ platform for plastic
Invented in Australia by Licella™, the Cat-HTR™ platform is proven to successfully convert a high concentration of waste plastic feedstock into a sustainable fossil oil alternative, which can be used to create new products such as fuels and chemicals.
- Reference: 1. World Economic Forum, Ellen MacArthur Foundation and McKinsey & Company, The New Plastics Economy — Rethinking the future of plastics (2016, http://www.ellenmacarthurfoundation.org/publications).