Turning plastic waste into biofuel- a world first

7 September 2017 by ideaspies03

Industrial

Licella, an Australian startup, has signed a $10m joint venture contract with UK company Renewable Chemical Technologies Limited (which is backed by the UK's leading renewable energy company Armstrong Energy) to build a world-first plant to convert end-of-life plastic destined for landfill.

Licella, which is a science-based renewable energy start-up co-founded by Professor Thomas Maschmeyer, developed this unique process in partnership with the University of Sydney to convert low-cost, non-edible, waste biomass into a stable bio-crude oil. http://www.Licella.com.au

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Comments

Max Berghouse @ 2016.06.23 7:07 AM
I have read that the oceans are becoming choked with cast off "rubbish" like this and for it to be used for something productive, not just landfill, I think is a terrific idea, even if there are some significant costs attached.

IdeaSpies @ 2023.06.25 9:05 AM
An update https://www.afr.com/policy/energy-and-climate/world-beating-australian-recycling-tech-debuts-in-uk-japan-20230622-p5dihx?btis

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