This company provides a waste-to-value technology that converts mixed waste into petrochemical feedstocks. Their gasification process offers businesses a sustainable alternative to fossil fuel-based feedstocks.
Funding
Funding not disclosed
Founders
Product
Problem
The vast majority of plastic waste ends up in landfills or is incinerated due to the economic challenges of traditional recycling processes and the inability to process minimally-sorted, mixed plastic waste streams. This results in environmental pollution and the loss of valuable resources that could be repurposed.
Solution
Refinity provides a waste-to-value solution that converts mixed plastic waste into drop-in raw material feedstocks for petrochemical production. The company utilizes a patented fluidized bed process technology that efficiently heats and converts minimally-sorted mixed plastic waste into hydrocarbon liquids and gases. This thermochemical process achieves high yields of desired chemical products while minimizing undesired byproducts. By integrating its manufacturing plants with existing petrochemical operations, Refinity unlocks the economics needed to support scalability and reshape the recycling landscape.
Target Audience
Refinity's primary customers are petrochemical companies seeking sustainable alternatives to fossil fuel-based feedstocks, as well as waste management companies looking for advanced recycling solutions for mixed plastic waste.
Features
- Patented Fluidized Bed Process Technology for efficient heat transfer and minimal byproduct formation
- Ability to process minimally sorted and minimally processed mixed plastic waste
- Tunable process to produce different drop-in chemical products, including waxes, sustainable naphtha, and light olefins
- High yields of desired chemical products compared to slow pyrolysis processes
- Lower carbon dioxide emissions compared to conventional thermochemical processes
- Scalable industrial process units for global deployment