ReNew ELP scoop FlexPack Recovery Challenge prize with CAT-HTR innovation

ReNew ELP scoop FlexPack Recovery Challenge prize with CAT-HTR innovation

April 26, 2019
Marcia González

Start-ups from around the world across have showcased their recovery technologies for a fast-growing category of hard-to-recycle flexible plastic packaging, and one winner was selected to join a mentorship program with the Sustainable Packaging Coalition & Closed Loop Partners

The Center for the Circular Economy at Closed Loop Partners and the Sustainable Packaging Coalition (SPC) have announced the winner of the FlexPack Recovery Challenge – and it’s Plastic Free World Conference & Expo sponsor ReNew ELP.

In October 2018, the SPC and the Center for the Circular Economy at Closed Loop Partners launched the FlexPack Recovery Challenge, an open competition for innovators, entrepreneurs and start-ups to submit new ideas for reprocessing technologies capable of beneficially recovering multi-material flexible packaging waste.

Five finalists were selected by a panel of judges from the SPC and the Center for the Circular Economy at Closed Loop Partners staff, as well as with input from industry advisors. Each finalist participated in the SPC’s spring conference SPC Impact and presented to an audience of major brands, plastic manufacturers and packaging suppliers, including members of the SPC’s Industry Leadership Committee on Multi-Material Flexible Recovery, on how their technologies can beneficially recover the embodied environmental investment within multi-material flexible packaging waste and can be scaled to provide meaningful solutions. These finalists included Cadel De-Inking, ReNewELP, Renewlogy, Synova-BioBTX, and Ekopolimer.

Among the five finalists, ReNewELP was selected as the final Challenge winner. The company will now receive a free year of membership to the SPC and enter into a mentorship program jointly run by the SPC and Closed Loop Partners.

“RenewELP submitted a detailed, transparent process description and market analysis,” said representatives from the SPC and Closed Loop Partners in a joint statement. “We were impressed with the processing capacity scale (up to 80,000-100,000 tons per year in their initial facility) and the fact that their unique CAT-HTR technology allows for mixed-waste feed-stocks, including paper, PET and organics.

“Their modular approach considers variable material costs in different markets and their end markets for diverse hydrocarbon products such as oils, waxes and chemicals represent large market potential,” the joint statement continued “RenewELP is a great fit to participate in a mentorship program run by our organizations.”

Plastic Free World Conference & Expo 2019 will take place from Thursday 27 June to Friday 28 June, at the Kap Europa, Frankfurt Messe, Frankfurt, Germany. To register for this highly focused and solutions-driven event, please click here. For sponsorship and exhibition opportunities, please email peter@trans-globalevents.com

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