Plastic Energy Limited is the world’s leading pioneer in the chemical recycling of end-of-life plastic waste into synthetic hydrocarbon fuels, oils and into new plastics. Its technology headquarters is in the Innovation Center in London-UK, and the industrial plants in Almeria and Seville-Spain. 

The newly formed company has a viable and proven solution to the global problem of plastic waste pollution by transforming waste destined for landfills – globally, more than $300 billion worth a year – or the ocean, estimated to be eight million tonnes a year, into hydrocarbon fuels and oils and back to plastic through chemical recycling. The industrial plants can produce up to 19,000 liters of hydrocarbon fuel from 20 tonnes of plastic feed stock. Real end of life plastics (ELP) from domestic wastes are recycled rather than treating “industrial ELP”, which is single stream and clean.

Unlike many competitors, who are either in the laboratory, at pilot plant stage or processing limited quantities of narrowly selected clean post-industrial plastics, Plastic Energy’s UK based team of technology specialists have 10 years’ experience developing the unique, patented thermal anaerobic technology (TAC) chemical recycling process. TAC does not use catalysts which are often expensive, easily poisoned and hazardous to dispose. Instead, Plastic Energy’s TAC Plants are uniquely controlled using non-contaminated thermal degradation, agitation and carbon chain length selectivity to produce a variety of outputs. Plastic Energy’s mission is to be the world leading, sustainable and profitable producer of synthetic second generation fuels and feed stocks for new plastics from end-of-life plastic. The company has plans to expand further in Europe as well as South America and the Caribbean.