RES Polyflow, which designs, markets and manufactures the recovery system, says its end products are renewable transportation fuels, octane enhancers and aromatics.
According to RES Polyflow, the demonstration campaign, conducted throughout the summer of 2013, proved the company’s waste-plastic-conversion process is stable and efficient in a full-scale production environment and all material inputs and outputs are able to be managed on a continuous process basis.
Jay Schable, CEO of RES Polyflow, says, “The RES Polyflow team has a rich history of achieving the goals set before them in proving out the technology through the classical steps to commercialization. We prove our capability with our results and are now excited to construct our first continuous operation plant with profitability at the forefront.”
He continues, “As we achieve this critical milestone we would like to express our sincere appreciation to the Third Frontier program, our operating team and shareholders, and the strategic partners who have been by our side for nearly five years."
The company says it intends to pursue various avenues of next-stage growth, including the possibility of converting its Perry, Ohio, demonstration site into a fully operational production facility over the next 12 months. A number of independent plant owner or operators attended the summer demonstrations and are now in negotiation with RES Polyflow to license the technology for implementation in North America and overseas.
The company previously announced a joint venture agreement with a Las Vegas-based group under the name Enretec to commercialize the technology in several western U.S. markets.