Plastics-to-Fuel Plant provided with Insurance Solution
Scaling plastics to fuel through pyrolysis
RES Polyflow, a plastics-to-fuel technology company, has secured a performance insurance program for its Indiana, USA plant from New Energy Risk, a customized insurance solutions provider for renewable technology projects.
RES Polyflow's plastics-to-fuel pyrolysis process recycles waste that has reached the end of its useful life – including items that cannot readily be recycled, like plastic film, flexible packing, Styrofoam, and children's toys. Their technology converts plastic into ultra-low sulfur diesel and naphtha blend stocks, as well as commercial grade wax.
Once completed, the facility will convert 100,000 tons of plastic into 18 million gallons of fuel and six million gallons of wax annually.
While pyrolysis to convert plastics to oil has been experimented for decades now, the sector has never been able to reach scales anywhere in the world. Should RES Polyflow's technology be able to scale at reasonable economics, it could indeed mean an important milestone for the plastics to oil efforts.
RES Polyflow technology can take in mixed polymer waste streams that other recycling systems typically have to discard in landfills. For large volume feedstreams, multiple RES Polyflow process vessels can be installed in parallel with shared feed-in and product removal sub-systems.
When Bloom Energy first reached out to New Energy Risk (NER), it needed help solving four challenges that stand between many clean energy start-ups and the realization of their goals.Learn more
Fulcrum Bioenergy (“Fulcrum”) is on the cutting edge of the clean and sustainable energy industry. Their Sierra BioFuels Project is the first of its kind: a waste-to-fuel initiative built at an unprecedented scale. Fulcrum’s plant, which opens in 2020, will convert up to 175,000 tons of municipal solid waste into more than 10.5 million gallons of low carbon syncrude annually, which is used in the creation of jet fuel and diesel.Learn more
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