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Earth911’s Mitch Ratcliffe talks with Jeff Gold, founder and CEO of Altanta-based Nexus Fuels, which processes 50 tons of plastic day by day utilizing molecular recycling that breaks the fabric down into the fundamental components of hydrocarbon present in oil so it may be reused in new plastic. It’s the forefront of chemical applied sciences for making a round financial system.
Nexus combines waste administration and vitality manufacturing utilizing Plastics #2, #4, #5, and #6 to make feedstock — the uncooked supplies for brand new plastic or gasoline. Gold explains that Nexus stopped sending its recycled hydrocarbons to grease corporations to forestall the recycled plastic from changing into air air pollution when burned as gasoline. Instead, the fabric can be utilized in new food-grade plastic, which might be recycled time and again. Nexus works with Cobb County, Georgia, and Dow to course of plastic from the Hefty Energy Bag program.
Take a couple of minutes to look at a tour of the plant, which has confirmed the viability of the expertise, and the way it works.
We focus on the way forward for plastic and whether or not it could be attainable to start mining plastic in landfills to supply the uncooked materials for brand new plastic with out drilling new oil. Nexus’ enterprise mannequin permits for the corporate to pay for plastic waste and function profitably. Gold speculates that shopper incentive packages might be created that pay folks for returning plastic. This would allow a round financial system within the materials and hold waste out of waterways and the oceans.
Nexus this week introduced a partnership with Wood, an engineering agency, to broaden globally. According to Gold, “Our accelerated plan and strategic relationships with corporations like Wood will permit Nexus to advance present manufacturing charges to five,000 tons of recycled feedstock per day, supporting the reuse of over 5 million tons of plastic waste yearly with an estimated annual financial savings of 30 million tons of CO2 emissions compared with incineration.”