Recycling Technologies

Idea

Making oil out of plastic

Introduction

Typically, when we load our trash bins with garbage, we expect that the plastic we are disposing of, which makes up 80 percent of the trash, to be recycled. Studies have shown that it’s usually not.

Innovation

The Swindon, U.K.-based company describes its innovation as “the greenest and cheapest solutions yet for end-of-life plastics,” with the capacity to handle continuous processing of large volumes of waste, making our planet greener.

Impact

Living up to its name, a company called Recycling Technologies has developed breakthrough technology for plastic recycling. It can melt down all plastic not just bottle plastic in large volumes. Once melted, the plastic is turned into oil called Plax. This new oil can then be used as a heavy fuel substitute and a raw material in polymer production.