iQRenew – developing the Cat-HTR™ for End-of-Life Plastic in Australia
iQRenew has the exclusive Australian rights to the Cat-HTR™ for End-of-Life Plastic (ELP). By using ELP, otherwise sent to landfill, iQRenew can produce valuable new products with a unique selling point for companies with resource efficiency targets.
We have the potential to receive the ELP feedstock at a negative cost, due to landfill levies and tipping fees being avoided by waste producers.
This project is supported by an Australian government A$1M Accelerating Commercialisation grant, which is helping fund an end to end Cat-HTR™ demonstration plant here in NSW for ELP. This plant has already successfully converted a high concentration of ELP feedstock to oil, and Licella™ continue to work with iQRenew to refine this process, alongside sourcing commercial site locations along Australia’s east coast.
Plastics – Australia needs a solution now!
Cat-HTR™ is part of the solution
Markets for exporting waste are being shut down – and local solutions are required now.
- Up until now, waste recyclers have exported waste to avoid capital cost of processing locally. There is now a crackdown on exporting waste within Australia and China.
- Waste must now be processed close to source. Smaller operators need to obtain sufficient scale and inject capital for processing.
- Landfill taxes: NSW levies $138/t for tipping in metro area. Queensland is only State without landfill levies, has resulted in illegal dumping of waste from other States. Levies anticipated in Queensland following election.
China – import ban on waste plastic and paper from 2018 onwards
In July 2017 China notified the WTO of an import ban on waste plastic effective by end of 2017.
“…China in 2016 imported about 7.3 million tonnes of waste plastic, costing US$3.7 billion, and accounting for around 56 per cent of world imports.”,