Projects – Development
Plastic Pyrolysis Plant Development
Overview
Recognizing the Problem
Worldwide plastic waste generation: More than 85% of them are landfills or incineration
- Increasing pollution and carbon emissions
Waste plastics exist in mixed/contaminated form
- Physical recycling methods are limited to disposal
R&D
Development of relatively low-temperature pyrolysis technology using alternative catalyst
Feature:
- Lower catalyst cost
- Significantly improving energy conversion yield
- Reduction in operating energy
- Large capacity processing and stable continuous operation to secure economic feasibility
- Energy conversion of mixed and metallized plastics
- Significant reduction of carbon (CO2) emissions
Plastic Pyrolysis Technology
- High energy consumption
- Lack of economic feasibility
- The use of expensive catalysts
Commercialization
- 24-ton/day pilot plant
Commercialization Process & Strategy
Process Advancement
- Verification of energy conversion efficiency and reusability by catalyst composition, concentration, and particle size
Stepwise Scaling-up
- Commercialization of Lab (1kg) → Bench (100kg) → (24t/day)
- Further scale-up (≥100t/day) with Design and Stability and Efficiency Verification Roadmap
Value Chain and Partnership Alignment
- Research institutes, investment companies, EPCC companies, waste plastic collection and processing companies, O&M companies, oil refiners, etc.
National Policy Linkage
- Linking the NDC scheme & carbon credits
Expected Results