Member - Recycling Technologies Ltd
Recycling Technologies has developed a modular machine to recycle waste plastic in a commercially attractive way.
About
Plastic is fantastic, used everyday, everywhere in our lives. However, when plastic packaging becomes waste just 10% is recycled; the rest is landfilled, incinerated or lost in our environment and our oceans.
With demand for plastic expected to double in twenty years, the need to rapidly increase plastic recycling capability is urgent.
Recycling Technologies has developed and patented a world-leading machine, the RT7000, that chemically recycles plastic waste back into oil, Plaxx®. This is a petroleum raw material that can be used in new plastics production, as well as very low sulphur fuels and waxes. The RT7000 recycles plastic commonly considered 'unrecyclable' such as crisps packets, black food trays etc.
Waste site operators and local councils are crying out for attractive alternatives to the landfilling and incineration of mixed plastics, which cost them today £80-£130 per tonne. The RT7000 fits easily into existing recycling centres and enables their operators to turn this plastic waste liability into a product, Plaxx®, which has a value of c.£300 per tonne in the market.
RT7000 is modular and will be mass-produced, enabling a rapid roll-out anywhere in the world. Starting with the 1st commercial RT7000 in Scotland this year - part-funded by the Scottish government - within a decade the company plans to install capacity to recycle 10 million tonnes of plastic annually, 3 times EU’s capacity today.
Recycling Technologies at a glance:
- Beta Plant successfully operated at Swindon Council’s recycling centre
- 1st commercial machine contracted and offtake agreements for the output Plaxx already sold
- 1300 more to be built by 2027 recycling 10Mt of plastic each year
- Supported by the Innovate UK, BEIS and the Scottish Government
Read more
Headquarters Prospect Hill, Swindon SN1 3JU, UK
SDG’s of application
The Sustainable Development Goals are a call to action to end poverty, protect the planet and ensure peace and prosperity everywhere.
SDG 6
Clean water and sanitation
SDG 7
Affordable and clean energy
SDG 9
Industry, innovation and infrastructure
SDG 11
Sustainable cities and communities
SDG 12
Responsible consumption and production
Efficient Solutions
Labelled Solutions from Recycling Technologies Ltd
The Solar Impulse Efficient Solution label seeks to bridge the gap between ecology and economy, bringing together protection of the environment and financial viability to show that these solutions are not expensive fixes to problems, but rather opportunities for clean economic growth.
The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. To validate the Membership to the World Alliance for Efficient Solutions, the Solar Impulse Foundation only verifies that each entity is registered and has signed our principles and values stated in the following World Alliance for Efficient Solutions charter. For those Members who are also solution providers, this information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.
