Mura Technology and Dow
Global project for innovative plastics recycling is gaining further momentum
To ensure that the entry into a sustainable circular economy can succeed, globally active industrial companies such as igus GmbH (Cologne, Germany) are supporting the development of this technology. Dow Chemical, the world's second largest chemical company, is now another partner on board.
Chemical plastic recyclingWith the "Hydrothermal Plastic Recycling Solution" (HydroPRS), Mura Technology has developed a novel technology for chemical plastic recycling. The goal is to establish a sustainable circular economy for plastics and to prevent plastic waste from entering the environment. The method uses water, heat and pressure to convert plastic waste back into oil in just 25 minutes. The start-up Mura Technology has already entered into collaborations with engineering services company KBR and motion plastics specialist igus. Igus was the first industry investor at the end of 2019 and had further increased its investment to €5M in March. Now Dow Chemical, a global developer and producer of plastics, is joining as another major partner. The collaboration will further drive the scaling of Mura's advanced recycling process.