This company specializes in solvent-based recycling processes for engineering plastic waste, such as ABS, PC, PA, and PMMA. The process dissolves the target plastic to effectively remove interior and exterior contaminants, yielding high-quality recycled material superior to mechanically recycled outputs. This method enables the closed-loop recycling of engineering plastics required for high-end applications in electronics and automotive sectors.
Funding
$1.1M 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.
IFFounders
Product
Problem
Current recycling methods are insufficient to process complex post-consumer plastic waste streams, such as those from E-waste and car scrap, leading to downcycling, incineration, or landfilling of valuable engineering plastics like ABS, PC, PA, and PMMA. These waste streams often contain legacy additives that are banned by EU law, making recycling with existing technologies challenging and preventing closed-loop recycling for high-end applications. As a result, the recycled content in new electronic devices and automobiles remains significantly low.
Solution
ReSolved Technologies offers a solvent-based recycling technology that recovers near-virgin quality engineering plastics from complex waste streams, enabling closed-loop recycling. Their hybrid technology dissolves the target plastic in a solvent, purifies the solution to remove contaminants including legacy additives and colorants, and then recovers the purified polymer. This process allows for the production of high-quality recycled materials suitable for replacing virgin resins in demanding applications, promoting circularity and reducing reliance on fossil fuels. In addition to producing recycled plastics, ReSolved Technologies offers consulting services to optimize recycling solutions for specific waste streams and is developing Carbon & Circularity Credits to incentivize the use of recycled plastics.
Target Audience
The primary target audience includes OEMs, virgin plastic producers, and waste feedstock owners/suppliers in the plastics supply chain, particularly those seeking closed-loop recycling solutions for engineering plastics and looking to improve the sustainability of their products.
Features
- Hybrid solvent-based technology for recycling of ABS, HIPS and (soft) PVC from E-waste and car scrap
- Purification process to remove legacy additives, colorants, and other contaminants
- Production of recycled engineering plastics with near-virgin quality, suitable for closed-loop applications
- Technical consulting services to define and optimize recycling solutions for specific plastic waste streams
- Lab and pilot-scale testing of tailored process solutions
- Development of Carbon & Circularity Credits to incentivize the use of recycled plastics and reduce carbon footprint
- Pilot plant available in early 2025 for sample testing and demonstration
- High-tech recycling facility expected to be operational in 2027