Singapore-based plastics recycling company Nanomatics Pte. (NMT) and Environmental Solutions Group Holdings Ltd. (ESGL) will jointly develop technologies to convert plastic waste to pyrolysis oil, carbon nanotubes and hydrogen, the companies said on May 23.
ESGL, through its operating entity in Singapore, Environmental Solutions (Asia) Pte. Ltd. (ESA), is a waste-solutions provider that recycles industrial waste into circular products.
ESA has developed a FR-3 pyrolysis technology that converts plastic waste to circular pyrolysis oil. NMT has developed a Thermo-CVD process technology that converts plastic waste to carbon nanotubes and hydrogen.
The two companies have evaluated the economic feasibility of a partnership for the joint development of a process combining their respective capabilities to manufacture pyrolysis oil, carbon nanotubes and hydrogen from plastic waste.
The main objective of the partnership is to further develop and apply at scale NMT’s Thermo-CVD technology at ESA’s pilot plant facility to primarily produce carbon nanotubesi and hydrogen from plastic waste and synthetic gas generated using ESA’s FR-3 technology.
The companies noted that Southeast Asia has become a new hub for global supply chains, creating significant environmental costs due to higher volumes of hazardous waste and plastics.
In Singapore alone, total plastic waste amounted to 1,001 thousand metric tons with only 6% recycled in 2022, leaving 94% disposed in incinerators, the companies noted.
