Mura Technology employs a proprietary chemical recycling process to convert plastic waste into its original monomers, facilitating the production of new plastics without relying on virgin materials. This method significantly reduces plastic waste in landfills and decreases the carbon emissions associated with conventional plastic manufacturing.
Funding
$124.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional mechanical recycling methods are limited in the types of plastic they can process, leading to large quantities of mixed and flexible plastic waste being incinerated, sent to landfills, or exported, contributing to environmental pollution and carbon emissions. This linear approach fails to capture the value of plastic as a resource and perpetuates reliance on virgin fossil fuels for new plastic production.
Solution
Mura Technology offers an advanced recycling solution, Hydro-PRT (Hydrothermal Plastic Recycling Technology), that uses supercritical water to convert end-of-life plastics into fossil-equivalent hydrocarbon feedstocks. This process enables the recycling of plastic waste, including mixed, flexible, and contaminated plastics, that are typically considered unrecyclable. The resulting hydrocarbons can be used by the petrochemical industry to create new, virgin-quality plastics, facilitating a circular economy and reducing the need for fossil resources. Mura’s Hydro-PRT process offers a sustainable alternative to incineration and landfilling, significantly reducing carbon emissions and environmental plastic pollution. The company is scaling its technology globally through own-build sites and licensing partnerships.
Target Audience
Mura Technology serves petrochemical companies, plastic manufacturers, brands, and retailers seeking sustainable solutions for plastic waste management and circularity, as well as governments and organizations committed to reducing plastic pollution and carbon emissions.
Features
- Hydro-PRT technology utilizes supercritical water to break down a wide range of plastic waste, including multi-layered, flexible, and rigid plastics, without the need for extensive sorting or cleaning.
- The process converts plastic waste into high-yield, stable hydrocarbon feedstocks that can be used to manufacture new, virgin-quality plastics.
- Hydro-PRT is complementary to mechanical recycling, addressing plastic waste streams that cannot be processed by traditional methods.
- Independent Life Cycle Assessments (LCAs) demonstrate significant carbon emissions savings compared to incineration, with potential for further reductions through optimization of energy sources and supply chains.
- Mura is developing a modeling platform to operationalize sustainability at all future project sites, including Life Cycle Assessments (LCAs), to demonstrate transparently how Hydro-PRT meets environmental requirements.
- The company is establishing partnerships across the plastics value chain to support the global roll-out of its technology.
- Mura is developing a global plan for roll-out of this technology with a goal of recycling 1,500,000 tonnes annually across sites in the USA, Germany and Japan by 2032.