Plastic Energy (London, U.K.) and Axens (Rueil-Malmaison, France) have announced the signing of a strategic collaboration agreement in the field of advanced recycling of plastics, to increase recycling and decrease plastic waste.
Plastic Energy and Axens will market and license Plastic Energy’s patented, industrially proven advanced recycling technology, which uses a thermal anaerobic conversion (TAC) pyrolysis process to recycle, end-of-life plastics that would otherwise be destined for landfill, incineration or end up in the environment. The Plastic waste from Plastic Energy’s process is turned into raw materials that can be used to create virgin-quality polymers.
The partners will provide customers with technical and business case studies, basic engineering, technical services, proprietary equipment, complete modular units and support to operations, leveraging Plastic Energy and Axens’ complementary operational, licensing and engineering skills.
The partners will also be in position to propose and license a complete technological solution for the pyrolysis pathway, combining Plastic Energy’s recycling technology and the Axens Rewind Mix process for the purification of plastics pyrolysis oil.