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The SynOil project focuses on converting plastic waste into synthetic oil using molten zinc, addressing the growing issue of plastic waste management. This innovative process aims to provide a profitable solution for recyclers and municipalities, with plans for a demonstration unit to commercialize the technology.
In Europe, the US and elsewhere, many municipals are sending more plastic waste to landfill or incineration for lack of other options.
This reversal is due to the Dec. 2017 Chinese import ban on plastic waste.
Moreover, the regulatory pressure on plastic recycling is increasing: in May 2019 the EU and most other states signed an agreement, which classifies plastic waste as hazardous, greatly reducing the capabilities of EU member states to export plastic waste to the third world and, hence, requ…
COMPOSITE RECYCLING LIMITED
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