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Dow to scale carbon-efficient recycling process with start-up Plastogaz

Source:Adsale Plastics Network Date :2022-04-04 Editor :JK

Dow and Plastogaz SA, a technology start-up and proprietor of an advanced recycling technology, have announced a strategic investment, which will help simplify the process of converting plastic waste to feedstock and provide another carbon-efficient option to keep plastic waste out of landfills and the environment.

 

Plastogaz’s proprietary catalytic hydrocracking technology solution is unique in that it is more efficient, and less energy intensive than some other current forms of advanced recycling.

 

Advanced recycling requires highly controlled steps before plastic waste is converted to high-quality hydrocarbons, sufficient to recreate virgin-like plastics, and this technology promises to further simplify the process from waste to circular feedstock and then circular polymers.


1.jpg

Dow to simplify plastic waste-to-feedstock process through investment with start-up Plastogaz.


Ultimately, this aims to both increase the carbon-yields of advanced recycling (efficiency) and to minimize the energy needs for advanced recycling, hence fostering a more circular economy at lower CO2 footprint. The joint aim is to accelerate the commercialization of this process.

 

Keith Cleason, Business Vice President of Olefins, Aromatics and Alternatives at Dow, emphasized, “We are excited to continue to collaborate with innovative start-ups like Plastogaz, who shares our ambition to mitigate the negative impacts of climate change and plastic waste, in line with our global sustainability goals.”

 

Felix Bobbink, Founder of Plastogaz, said, “We want to change the way the world thinks about plastics – not as something to throw away, but as a product that can be used over and over again, sustainably and without damaging our natural environment. If we want to make long lasting change, we need to work with like-minded and ambitious partners like Dow who have the potential to scale our technology.”

 

The investment was structured and led by Dow Venture Capital which is focused on pursuing strategic investments in innovative start-up companies that enable and accelerate Dow’s business growth and value.

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Source:Adsale Plastics Network Date :2022-04-04 Editor :JK

Dow and Plastogaz SA, a technology start-up and proprietor of an advanced recycling technology, have announced a strategic investment, which will help simplify the process of converting plastic waste to feedstock and provide another carbon-efficient option to keep plastic waste out of landfills and the environment.

 

Plastogaz’s proprietary catalytic hydrocracking technology solution is unique in that it is more efficient, and less energy intensive than some other current forms of advanced recycling.

 

Advanced recycling requires highly controlled steps before plastic waste is converted to high-quality hydrocarbons, sufficient to recreate virgin-like plastics, and this technology promises to further simplify the process from waste to circular feedstock and then circular polymers.


1.jpg

Dow to simplify plastic waste-to-feedstock process through investment with start-up Plastogaz.


Ultimately, this aims to both increase the carbon-yields of advanced recycling (efficiency) and to minimize the energy needs for advanced recycling, hence fostering a more circular economy at lower CO2 footprint. The joint aim is to accelerate the commercialization of this process.

 

Keith Cleason, Business Vice President of Olefins, Aromatics and Alternatives at Dow, emphasized, “We are excited to continue to collaborate with innovative start-ups like Plastogaz, who shares our ambition to mitigate the negative impacts of climate change and plastic waste, in line with our global sustainability goals.”

 

Felix Bobbink, Founder of Plastogaz, said, “We want to change the way the world thinks about plastics – not as something to throw away, but as a product that can be used over and over again, sustainably and without damaging our natural environment. If we want to make long lasting change, we need to work with like-minded and ambitious partners like Dow who have the potential to scale our technology.”

 

The investment was structured and led by Dow Venture Capital which is focused on pursuing strategic investments in innovative start-up companies that enable and accelerate Dow’s business growth and value.

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Dow to scale carbon-efficient recycling process with start-up Plastogaz

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