A new solution for End-of-Life Plastic
By 2050 there will be more plastic than fish in the ocean 1
Each year, at least 8 million tonnes of plastics leak into the ocean — which is equivalent to dumping one garbage truck every minute. The best research currently available estimates that there are over 150 million tonnes of plastics in the ocean today. If no action is taken, by 2050 there will be more plastics than fish in the ocean (by weight).1
Utilising End-of-Life Plastic (ELP) means diverting plastic from landfill and our oceans. Plus we can recycle a previously unrecyclable plastic stream.
The circular economy of Cat-HTR™
By utilising plastic as a feedstock, Licella™ is helping to divert plastics from landfill and our oceans, and in the process creating a more sustainable oil, reducing the need for virgin fossil oil.
By producing drop-in fuels and chemicals from this feedstock, we are helping offset the need to produce these fuels and chemicals from fossil crude oil.
Licella’s Cat-HTR™ platform has the potential to revolutionise how we approach a zero waste economy around the World. We will be creating valuable new commercial products from waste materials. In addition we can help companies avoid significant waste disposal levies.
Working with our partners to commercialise the Cat-HTR™ platform for ELP
Licella™ have already conducted successful trials of ELP at their pilot plant in NSW, Australia.
Armstrong Chemicals Global JV (ex. Au) – Licella™ having formed a global joint-venture (JV) with Armstrong Chemicals (UK) to build the world’s first commercial-scale Cat-HTR™ plants for ELP. Find out more about the JV here.
iQRenew, Australia – In Australia, iQRenew has been established to commercialise the Cat-HTR™ for plastics. Find out more about the Australian opportunity and project here.