Mura Technology, parent company and majority shareholder in ReNew ELP, have today announced a global partnership with KBR, a leading international provider of science, technology and engineering solutions, to support the global development of its proprietary technology, Cat-HTR™.
Whilst ReNew ELP are the first company to license the technology from Mura, building the world’s first Cat-HTR™ site in Teesside, North East England, Mura have the ambition of 1,000,000 tonnes of plastic recycling capacity in operation or development by 2025.
The partnership with KBR will enable the identification of new markets for the technology, whilst providing engineering and technical services and equipment to develop sites for global clients. KBR’s position at the forefront in the provision of innovative, game-changing technologies offers Mura Technology world-class development opportunities within the global petrochemical sector.
Cat-HTR™ (Catalytic Hydrothermal Reactor), originally developed by Licella Holdings Pty., is an advanced recycling process that uses supercritical steam to convert plastics back into the chemicals and oils from which they were made. The supercritical steam acts like molecular scissors, cutting longer-chain hydrocarbon bonds in the plastic to produce shorter-chain hydrocarbon products. These can then be used to produce new, virgin-grade plastic and other materials, or reused in other sectors, such as in roads. Cat-HTR™ can recycle all waste plastics, including those considered unrecyclable, such as multi-layer, flexible plastic films, pots, tubs and trays that are currently incinerated or sent to landfill.
Cat-HTR™ has the potential to help eliminate plastic waste, recycling all types of plastic to create a true circular economy, and preventing plastic from going to incineration, landfill or polluting the natural environment. It can also cut carbon emissions; each tonne of plastic processed via advanced recycling saves 1.5 tonnes of CO2 compared to incineration. Instead, waste plastic can become a resource, creating a circular plastics economy and decoupling the manufacture of new plastics from fossil fuels.
Alongside the KBR partnership, Mura retains the ability to develop its own operational recycling capacity, with the first Cat-HTR™ site currently in development at Teesside in North East England. On completion, the site will be able to process 80,000 tonnes of plastic waste per year. Mura also has also identified development opportunities in Germany and the USA, with exploration into Asian markets underway.
Source: ReNew ELP, press release, 2021-03-25.