GreenMantra is leveraging chemical recycling to make products other than recycled bottles, clothing, carpets and other mainstream commodities.
Demand for recycled plastic feedstock is forecast to triple by 2050, yet most spent polymer-based materials are landfilled.
With the simultaneous growth in both demand and waste, new technologies are evolving to capture more plastics, but it has often meant figuring out how to design commodities to compete with virgin plastics made from cheap fossil sources. Or it has meant bypassing the traditional commodities market altogether by finding new niches that remove competition with fossil from the equation.
Brantford, Ontario, Canada-based GreenMantra Technologies has taken the latter pathway. It’s leveraging a chemical recycling process to make products other than recycled bottles, clothing, carpets and other mainstream commodities. And the technology developer is making headway; GreenMantra’s Brantford plant converts thousands of tons of polyethene and polypropylene a year to make products in areas from roofing to decking. It plans to double the facility’s capacity by the end of 2020.
The key has been the ability to broaden applications while improving performance of those applications, according to Domenic Di Mondo, vice president of technology and business development and cofounder of GreenMantra Technologies.