Sustainability is at our core
Enabling a circular economy for plastic
Australia alone uses 3.4 million tonnes of plastic each year, but less than 13% is recycled. Globally, 91% of all plastic has not been recycled.
If current trends continue by 2050 there will be more plastic than fish in the oceans.
Bold and rapid action is needed to change the tide of plastics.
Sustainability
Our proposed solution for problem plastic
Cat-HTR™ is a form of advanced recycling developed in Australia by Licella. Cat-HTR™ uses “hydrothermal liquefaction”, which means it uses water under high temperature and pressure to chemically transform plastic back to its original building blocks, a synthetic oil (comparable to refined fossil crude).
The synthetic oil can be used in the existing plastics supply chain to produce new food-grade plastics. All plastics produced through advanced recycling of waste plastic can be food-grade, complementing mechanical recycling.
Advanced recycling is an efficient and environmentally sustainable way to recover plastic that is difficult to recycle mechanically. Independent modelling has shown that using the Cat-HTR™ to recycle plastic contributes to the circular economic and creates about half the CO2 emissions of incineration (also called Waste to Energy).
The waste plastics this facility will process is currently disposed of in landfill, or in the future could be incinerated. Advanced recycling is a higher value, lower emissions solution for this plastic - enabling a true circular economy.
We believe our proposed facility will prevent a significant amount of plastic going to waste, alongside reducing the demand for virgin plastic. Also, a great environmental outcome.
