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Commercialisation of WarwickFBR™ technology which can recycle Mixed Plastic Waste into a hydrocarbon product, the Plaxx™

Objective

Plastic has become the most common material since the beginning of the 20th century. Unfortunately, what makes it so useful, such as its durability, light weight and low cost, also makes it problematic when it comes to its end of life phase. Nearly 50% of plastic waste in the EU is still landfilled which is a waste of a resource, causes environmental issues and its disposal to a landfill or incinerator is a significant cost to its producers. The reason for low levels of plastic waste recycling is because currently only mechanical recycling route exists and not all plastic products are equally suitable to be mechanically recycled.


Recycling Technologies have developed a technology, the WarwickFBR™, which can recycle this Mixed Plastic Waste back to a hydrocarbon based product branded as Plaxx™. Plaxx™ can be used as slack waxes or as a feedstock in oil refineries to make more plastics. By recycling of MPW destined for landfill or incineration to Plaxx™, the WarwickFBR™ technology can help in reducing the environmental impact of plastic waste and conserve the natural resources. For the customers it creates substantial commercial value as it converts a liability, the Mixed Plastic Waste, to a revenue earning asset, the Plaxx™.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

RECYCLING TECHNOLOGIES LTD.
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
HILL BARN, UPPER PAVENHILL, PURTON
SN5 4DQ SWINDON
United Kingdom

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
South West (England) Gloucestershire, Wiltshire and Bristol/Bath area Wiltshire CC
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00

Participants (1)

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