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Plastics recycling is a growing business, as Americans continue to recycle billions of pounds of plastic bottles, containers, bags and wraps every year.
But what happens to plastics that aren’t recycled? Oregon-based Agilyx is using chemistry to convert more of these valuable materials from waste into useful fuel.
As Lew Feucht, an account manager at Agilyx, explained to Waste & Recycling News reporter Jeremy Carroll, “We are going after the waste plastic that, at the end of the day, doesn’t have a very valuable home.”
Recovering plastic for energy purposes is good for the environment and good for business. A 20-ton-per-day energy recovery facility can produce 118 barrels of crude oil per day. At $85 a barrel, that equates to $3.3 million a year – a very lucrative business indeed.
“We are trying to give this industry a new profit stream,” Fuecht said. “We want to go where the plastic already is.”
Please visit wasterecyclingnews.com to read the full article and learn how energy recovery is creating new opportunities for the future.
Photo via agilyx.com
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