A new solution for End-of-Life Plastic
Utilising End-of-Life Plastic means diverting plastic from landfill and our oceans. Plus we can recycle a previously unrecyclable plastic stream.
Building the first commercial Cat-HTR™ plant for End-of-Life Plastic
Licella™, through a joint venture with Armstrong Chemicals (UK), will build the world’s first commercial scale hydrothermal upgrading plant for End-of-Life Plastic to chemicals and will come on line in late 2018.
Following a series of successful trials at Licella’s pilot plant, the new commercial-scale Cat-HTR™ plant will convert End-of-Life Plastic, otherwise sent to landfill, to valuable chemicals.
The problem of 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. If no action is taken, this is expected to increase to two per minute by 2030 and four per minute by 2050. The best research currently available estimates that there are over 150 million tonnes of plastics in the ocean today. In a business-as-usual scenario, the ocean is expected to contain 1 tonne of plastic for every 3 tonnes of fish by 2025, and by 2050, more plastics than fish (by weight).1
Over 90% of plastics produced are derived from virgin fossil feedstocks.1
Plastics represent about 6% of global oil consumption, which is equivalent to the oil consumption of the global aviation sector. The use of plastics is forecast to continue increasing to 20% of total global oil consumption by 2050.1
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.
In many countries, including the UK, a significant charge is levied upon companies to dispose of End-of-Life Plastic, which up until now was not economically viable to recycle.
The joint venture will earn a licence fee and royalties from the projects, with plans for a global roll out.
Licella™ will retain the rights to commercialise and licence the Cat-HTR™ platform for End-of-Life Plastic within Australia.
The initial plant is planned to be located in Wilton, UK and will have a capacity of 20,000 tonnes of feedstock per annum.
For more information on Armstrong Energy: www.armstrongenergy.co.uk
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).