Mitsubishi Chemical Corporation is to build a plant in Japan using plastic recycling technology firm Mura Technology and engineering business KBR HydroPRS solution.
The HydroPRS process uses supercritical water to convert mixed plastics into fossil-fuel replacement oils and chemicals to turn them into new materials.
After signing a licensing agreement with Mura and KBR in June, Mitsubishi will build a 20,000 tonnes per year facility at its Ibaraki Plant. It is expected to be completed in 2023 and capacity may be increased in future.
Mura Technology chief executive Steve Mahon said: “This is the latest in a series of agreements that Mura and KBR have signed, and further underlines the vital role which HydroPRS will play in tackling the global plastics crisis.
“Plastic waste is polluting our environment at an alarming rate, not to mention the carbon emissions caused by utilising the fossil fuels needed to make virgin plastics.
“We need global, sustainable, and scalable solutions today. That is why we are taking an international approach – to scale fast and meet the challenge head on – and we are proud of the work that will be completed at the Ibaraki plant. Our collaboration with KBR makes this kind of global expansion possible, and we look forward to exploring new future projects with them in Europe and Asia in the coming months.”