ReVentas has signed an engineering and licensing alliance agreement with global engineering, technology and services company KBR.
The Alliance will support global licensing, engineering and scale-up of ReVentas’ dissolution recycling technology.
This solidifies ReVentas as a leader in the emerging dissolution recycling market, and with the support of KBR accelerate international deployment of its technology.
ReVentas’ proprietary process takes post-consumer polyethylene and polypropylene waste streams and purifies the plastic, removing all colours, contaminants and complex waste-stream components, producing a natural virgin-like pellet.
It enables waste plastics, which would otherwise be downcycled, landfilled or incinerated to be processed back into high-quality recycled resins suitable for applications such as food packaging and automotive manufacturing.
Demand by brands for scalable, high-performance recycling solutions capable of delivering food approved resins continues to grow rapidly as packaging converters, consumer goods companies and resin manufacturers face increasing pressure to secure reliable supplies of high-quality recycled plastics.
A faster, more reliable route to new recycling.
By combining ReVentas’ recycling technology with KBR’s global engineering and technology licensing capabilities, the alliance is intended to provide customers with a faster, more reliable route to new recycling capacity.
ReVentas are completing front end engineering design of their first commercial demonstration plant which will produce 10,000 tonne per annum of recycled HDPE. The plant is scheduled for commissioning in Q4 2028, with further plans to deploy over 750,000 tonnes of ReVentas capacity by 2036.
Tom Rose, Chief Executive Officer of ReVentas, said:
“Our customers are looking for natural virgin-like material with a low carbon footprint at a competitive price, something neither mechanical or chemical recycling can achieve today. This is exactly what our dissolution technology can deliver.
We selected KBR as our engineering and license partner because of their incredible engineering depth, international reach and experience in deploying chemical and recycling technologies at scale.
This alliance will help ReVentas move faster, and deliver the capacity our industrial partners require, whilst also establishing dissolution recycling as a leading solution for circular plastics.”
Hari Ravindran, SVP and Global Head, KBR Technology Solutions, said:
“We are looking forward to collaborating with ReVentas and adding commercial value to this technology, designed to further enhance plastics recycling. Moreover, this process is complementary to KBR’s capabilities in advanced recycling technology. KBR will fully support the scale-up and licensing of this platform and accelerate the industry’s need for practical, commercially-robust solutions for circular plastics.”
If you are interested in licensing or looking for more information, then please get in touch with our team to find out more.
