Summary
- Profile Type
- Technology offer
- POD Reference
- TOHU20241001021
- Term of Validity
- 2 October 2024 - 2 October 2025
- Company's Country
- Hungary
- Type of partnership
- Investment agreement
- Research and development cooperation agreement
- Targeted Countries
- All countries
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General information
- Short Summary
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A Hungarian technology transfer agency offers its technology. This unique technology converts PVC waste into hydrochloric acid and uses mixed plastic waste as an energy source. This machine related to the technology is suitable for processing PVC waste which comes from electric cables and construction waste or other sources, like the byproduct of Refuse-derived fuel (RDF) production.
The agency is looking for potential license partners or investors and R&D partners. - Full Description
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A Hungarian technology transfer agency is offering its technology to turn PVC waste into hydrochloric acid and other mixed plastic waste into an energy source.
Background: General plastic and PVC waste pose significant challenges for traditional recycling and incineration methods due to the harmful byproducts they produce. When burned, these materials release toxic flue gases that are detrimental to human health, the environment, and even the infrastructure of the burners themselves. The presence of chlorine in PVC, for instance, leads to the release of hydrochloric acid (HCl) when incinerated, which can corrode equipment and release dioxins that are hazardous pollutants. This makes the disposal of such wastes through conventional methods problematic, underscoring the need for alternative technologies that can safely and effectively manage these materials without contributing to environmental degradation.
Technology specifications: The technology of pyrolysis of PVC waste is designed to address the critical issue of plastic waste management and recycling. It targets a diverse array of users and audience groups that require effective solutions for handling and repurposing plastic waste. This includes waste processing facilities, manufacturers who generate substantial plastic waste, waste management companies, and various organizations and institutions aiming to enhance their environmental sustainability practices. The primary goal of this technology is to process plastic waste in an efficient and environmentally friendly manner. By doing so, it not only minimizes the environmental impact associated with plastic waste but also contributes to broader sustainable development objectives. This technology promises to transform plastic waste into valuable byproducts, thereby closing the loop in the lifecycle of plastic materials and supporting the shift towards a circular economy.
Mixed plastic waste and PVC waste is converted into heating oil and HCl by the pyrolysis equipment.
In essence, the company is searching for dynamic and results-driven partners who can help expand the reach of the pyrolysis of PVC waste technology, contributing to the greener environments. They are trying to achieve possible cooperation by license as well as looking for R&D cooperation, beyond this investor and strategic partners. - Advantages and Innovations
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One of the major global challenges is that four hundred sixty 460 million tonnes of plastic are produced annually, with insufficient capacity to recycle it effectively. The company focuses on recycling PVC cable coatings
The pyrolysis equipment produces oil, which is utilized by the machine itself, making it self-sustaining. The process for PVC waste also produces hydrochloric acid, which can be commercialized.
Their equipment is capable of recycling both mixed and PVC plastics, making it a highly efficient and valuable technology. This technology focuses on eliminating plastic and PVC waste by transforming it into valuable products.
The investment is highly profitable, with a return on investment within six months if the recycling process reaches ten tons per day, based on the sales of hydrochloric acid and the cost of waste disposal. A significant percentage of the total profit comes from the sales of hydrochloric acid.
Advantages:
- Pyrolysis decomposes ‘addition' polymers like polyethylene (PE), polypropylene (PP), or polyvinyl chloride (PVC), which make up the majority of the plastic waste streams.
- With chemical recycling, plastic waste is broken down and recycled into new chemicals and plastics that perform like virgin materials. This resulting plastic can therefore be re-used in high-quality applications such as food packaging.
- Reduces the use of fossil resources
- Chemical recycling can eliminate the CO2 emissions associated with incineration and energy recovery. - Stage of Development
- Under development
- Sustainable Development Goals
- Goal 9: Industry, Innovation and Infrastructure
- Goal 11: Sustainable Cities and Communities
- Goal 13: Climate Action
Partner Sought
- Expected Role of a Partner
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This company is actively looking for investors and strategic partners to help achieve its commercialization goals. Potential collaboration opportunities include:
Licensing Agreements: To facilitate the adoption of the technology in various markets.
Manufacturing Partnerships: To scale production and ensure quality and efficiency in the manufacturing process.
Partners will also play a vital role in refining the technology, exploring new applications, and engaging in research and development for continuous improvement. Together, this company and its partners can significantly advance plastic waste management solutions while supporting a transition to a more sustainable future. - Type and Size of Partner
- SME 50 - 249
- Big company
- SME <=10
- R&D Institution
- University
- Other
- SME 11-49
- Type of partnership
- Investment agreement
- Research and development cooperation agreement
Dissemination
- Technology keywords
- 04005007 - Waste incineration
- 02007014 - Plastics, Polymers
- 04005012 - Waste to energy - other
- 04003003 - Liquid fossil fuel
- Market keywords
- 06001006 - Chemicals and materials
- 06001007 - Other oil and gas
- 08001016 - Commodity chemicals and polymers
- Targeted countries
- All countries
