Kelso, Washington-based Plas2Fuel (soon to be Agilyx) has launched a startup facility in Tigard, Oregon that converts plastic into synthetic oil. Plas2fuel recycles waste plastics using a patent-pending batch process in which heat, vacuum and chemical separation convert about 10 pounds of waste plastic into a gallon of synthetic sweet crude oil.
Plas2fuel recycles waste plastics from a number of sources. Small, scalable equipment allows the technology to be placed near plastic collection and sorting sites, which provides local control and avoids transportation and off-site sorting costs.
Plastic Power
Plas2fuel Recycles Waste Plastics into Crude Oil
Trend Themes
1. Sustainable Waste Management - Opportunity for businesses to develop innovative technologies and processes for recycling waste plastics and reducing environmental impact.
2. Conversion of Waste Into Resources - Disruptive innovation potential in creating value-added products, such as synthetic oil, from plastic waste, thereby reducing dependence on traditional fossil fuels.
3. Localized Recycling Solutions - Emerging trend in establishing small-scale recycling facilities near plastic collection and sorting sites, enabling cost-efficient and decentralized waste management.
Industry Implications
1. Waste Management and Recycling - Opportunity for waste management companies to invest in advanced recycling technologies to convert plastic waste into valuable resources.
2. Renewable Energy - Potential for renewable energy businesses to explore the production of synthetic oil from waste plastics as a sustainable alternative to traditional crude oil.
3. Green Technology - Growth potential for companies developing innovative green technologies for plastic recycling and waste-to-energy conversion, contributing to a circular economy.