De oplossing voor oplossen
Resolved Technologies has received a grant of 1.46 M€ from the Just Transition Fund (JTF) of the European Union. This grant is additional to the seed investment of €1M provided by Brightlands Venture Partners and the ifund Foundation last year.
The company will use these financial resources to develop and build a pilot plant based on its advanced dissolution technology in the South of the Netherlands (Zuid-Limburg). The goal of this project is to demonstrate the technical and commercial feasibility of this technology for the closed-loop recycling of engineering plastics and PVC in high-end products. The dissolution technology offers a unique way for the efficient removal of difficult-to-remove contaminants from waste plastics, such as legacy additives and colorants. In addition, the ReSolved technology is designed to be synergistic to the current recycling infrastructure based on mechanical recycling on several levels. This hybrid technology provides an optimum solution for producing recycled material of very high purity at competitive prices.
It offers therefore a significant contribution to increasing the circularity and lowering the carbon footprint of the plastic supply chain without disrupting current recycling activities. Once proven on a pilot plant, the technology will be further scaled up to a demonstration plant with a design capacity of 4 kt per annum.
Turning to advanced recycling methods is fostered by a global transition to a circular material supply, for which a significant increase in the purity of recycled materials is needed compared to the status quo. In addition, plastics from complex, difficult-to-recycle waste streams have to be addressed as well if circularity is to be increased and CO2 emissions are to be reduced to a maximum. ReSolved Technologies takes on this double challenge by focusing on the closed-loop recycling of plastic waste from durable consumer goods, such as electrical and electronic equipment as well as automobiles.
