Chemical Breakthrough Could Solve Our Plastic Waste Problem
5 days ago
- #clean-tech
- #sustainability
- #plastic-recycling
- Traditional plastic recycling methods are inefficient, degrading materials and leading to over 90% of plastic waste ending up in landfills or incinerators.
- A new depolymerization breakthrough by Denovia chemically unzips plastic at room temperature, transforming waste into virgin-grade monomers in just 15 minutes.
- Denovia's process is cold, cost-effective, high-yield, and produces materials indistinguishable from new, enabling reuse without quality loss.
- Plastic pollution contributes significantly to climate change, with 3.4% of global greenhouse gas emissions linked to plastics, and microplastics infiltrating ecosystems and human bodies.
- Denovia's PL-1000 reactor processes mixed plastic waste efficiently, achieving 86% yield and 65% gross margins, with partnerships already in place for commercial trials.
- The recycled plastics market is projected to grow from $68.2 billion in 2023 to $122.7 billion by 2030, driven by ESG mandates and carbon emission reduction needs.
- Denovia's licensing model allows rapid scaling, turning waste into revenue without the high costs of traditional recycling methods.
- Other companies like Dow, LyondellBasell, and Eastman Chemical are also investing in sustainable plastic solutions, though Denovia's technology stands out for its speed and efficiency.