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Questions about molecular plastics recycling (2020)
Molecular recycling, aka chemical recycling, is a technically proven way to put waste plastics back into circulation as virgin plastics — a 100% circular solution. But to succeed in the marketplace, technology is not enough: It’s also about business and execution.
Entrepreneurial spirit with a passion to solve a worldwide problem must be coupled with expertise in engineering, operations, software, regulation/policy, strategy, marketing/communications, legal, and human resources, which are all driven by financial and performance metrics. These costs include hardware to software, maintenance, laboratory support, on-going working capital, regulatory compliance, insurance, training, property, and related expenditures. End-to-end air, water, safety, transportation, product load-out, area classification, electrical and piping compliance require proper review, approval, and implementation at the federal, state, and local levels.
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