Periodic Reporting for period 1 - PET-Yield (A new manufacturing method, monitoring platform and material equipment to carry out a moreefficient production of plastic bottles, reducing its waste.)
Reporting period: 2017-06-01 to 2017-09-30
Our objective with PETYield is to improve the processability and material properties of PET and recycled PET, with an adaptive system that modifies the properties of the melted material. This is done mid-process, using closed-loop monitoring of key process data such as viscosity and material temperature. From there our proprietary control systems add our proprietary process enhancers to ensure stable behaviour of the material. We aim to reduce scrap from 7% to 2%, effectively saving 70% of the cost to process one tonne of PET. Further, this process can modify recycled material properties, enabling its repeated reuse. This introduces true circular economies to PET supply and production, and reduces waste going to landfill or leaching to the earth.