ReNew ELP builds the world’s first commercial-scale plant using Cat-HTR™ technology
The technology, Cat-HTR™ (Catalytic Hydrothermal Reactor), uses supercritical water, heat and pressure to convert waste plastic considered ‘unrecyclable’ through traditional mechanical means back into the valuable chemicals and oils from which it was made, for use in the petrochemical industry in the production of new plastic and other materials. This helps to create a circular economy for waste plastic.
The grant will aid ReNew ELP in the construction of the initial plant, which commences build in Q1 2021 and will see c. 80,000 tonnes of #waste plastic recycled annually upon completion.
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