2021 Report: Plastic Waste – Advanced Recycling Feasibility Study, Geelong-Altona Industrial Corridor
Licella, supported by Amcor, Coles, iQ Renew, LyondellBasell, and Nestlé, have released a report highlighting the potential for establishing a local circular economy for soft plastic, with a focus on difficult to mechanically recycle plastic such as food packaging.
The proposed advanced recycling facility would use Licella’s Australian-developed Cat-HTR™ technology at its core.
The study found that using the oil created from waste plastic, in the local plastic packaging supply chain, delivers a 64% CO2 reduction compared to crude oil.
It is an opportunity to establish Australia as a leader in this emerging new industry. It would provide a boost to local industry, with the potential to create over 300 new jobs in Victoria over the next five years, and could contribute over $100 million a year to the Victorian economy.
The report comes as a result of a feasibility study that demonstrated a circular economy for plastic is not only possible, but is essential for Australia to meet its National Waste Policy commitments.
Projects under development
Our global network of alliances with our pioneering Cat-HTR™ technology at their core
Our award-winning and globally recognised team supports this global network of projects.
Our Commercial Demonstration facility in NSW, Australia, has been operating for over 14 years. It is still the most commercially advanced hydrothermal liquefaction plant in the world.
We look forward to announcing more Cat-HTR™ commercial projects soon.
A global network of partners, growing fast
We are working with a global network of strategic partners to commercialise our pioneering Cat-HTR™ technology around the world.
Our world-class engineering and scientific team in Australia support our global network of projects and partners.
We partner with other industry leaders, who share our vision for a lower carbon future.
Collaboration is at the heart of our business model.
Our commercial alliances are underpinned by extensive due diligence and technology validation.
Our patented Cat-HTR™ technology is at the core of our partner’s commercial roll-out for both post-consumer plastic and biomass.
In Australia and New Zealand, Licella retain the rights to the Cat-HTR™ platform for post-consumer plastic. We have completed a collaborative industry study as the first stage in building a full-scale commercial Cat-HTR™ plant in Australia.
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