For starters, we are developing chemical and mechanical upcycling processes for “impossible-to recycle” plastic waste. Specifically we are working on metalized multi-layered plastic (MLP), coloured PET bottles and polycotton textiles.
We are also working on converting this waste into high-quality material (like 3D printing filament) which we will then monetize.
We have been fortunate to get some early breakthroughs in chemical separation and recycling of our target waste streams. And most crucially, we can do all of this through one process (as opposed to different processes), offering synergies that give us the best chance of being economically viable.
METALLICIZED MULTI-LAYERED PLASTIC (MLP) PACKAGING
Metalized MLP is a low-value, high volume, composite waste that is considered economically and technically hard to recycle. Only 14% of plastic packaging is collected for recycling globally. 95% of plastic packaging material value is lost annually.
We have managed to demetallize and delaminate it into its constituent layers.