Plastic to be converted to oil
Eagle Technology's recycling technology that reportedly turns plastic waste into oil will be solidified by the partnership with G4 Consortium and Eagle Technology AS.
QMRE MD Dave Garbett, CEO Tim StClair-Pearce (left to right) and Chairman Paul McMenemy (far right) are joined at the company's test & development site in Kent by local MP for Sevenoaks, Laura Trott (now Chief Secretary to the Treasury).
© QMREThe collaboration for sale, distribution, and deployment of Eagle Technology's recycling technology aims to address the challenges associated with sorting and processing plastic waste.
The systems utilise Eagle’s pyrolysis technology but with QM Recycled Energy (QMRE)-specific modifications and developments that reportedly create, in effect, a thermolysis operation that is more efficient, practically self-powered and is on route to achieving near net zero carbon emissions.
This agreement extends across two continents and encompasses 10 countries, aiming to create a foundation for an investment in complete plant solutions.
QMRE will create a network of own-brand and customer systems that turn plastic waste into oil and then back into new and renewable plastic.
Eagle Technology successfully showcased its plastic recycling technology in a demo plant at its facility in Bosnia and is now ready to launch the technology commercially.
Eagle will deliver four machines initially to be installed across various locations in Europe in partnership with G4.
QMRE, holding the Sales and Distribution rights in the UK, has experience operating similar pyrolysis machines for plastic recycling.
The first commercial delivery has already been completed through QMRE.
QM Recycled Energy was formed to help deal with the problems of plastic waste pollution specifically in the UK and Republic of Ireland.
QMRE has been testing and developing the pyrolysis systems at the company’s site in Kent for almost three years.
The first system is expected to be operational in Q1 of 2024.
QMRE’s operating experiences are being, and will continue to be, shared with Eagle and the G4 group.
Jacob Bang Nielsen CEO of Plast 2 Circular (where G4 has exclusive sales rights), states that this is a dream come true. ‘To be able to convert non-recyclable plastics back into new virgin plastic with a containerized, modular, and scalable concept, makes it easy to apply anywhere, in a fraction of time.'
