BP’s Petrochemicals arm has unveiled plans for a multi-million dollar investment in an innovative recycling technology designed to create a second life for “previously unrecyclable” packaging. Called BP Infinia, the technology enables PET plastic waste which is either considered low value or is not detected in traditional recycling facilities due to its colour to be recycled.
With public and policy interest still firmly fixed on the global plastics pollution problem in the wake of Blue Planet 2, BP is among several major corporates to have invested in innovative recycling technologies in recent months.
Waste infrastructure firm Peel Environmental, energy-from-waste firm Waste2Tricity and utility PowerHouse energy have jointly invested £130m to develop a network of 10 plastic-to-hydrogen recycling plants across the UK, for example.
Powerhouse Energy Group PLC (LON:PHE) has developed the innovative PHE DMG® System, their proprietary thermal conversion technology. DMG® technology provides a mechanism to dispose of a wide range of waste streams by using them as feedstock that can be converted to EcoSynthesis Gas.