Polyflow Selected for $50,000 Technology Grant

Plastics recycler receives Edison Technology Assistance Grant Award.

Polyflow LLC, an Akron, Ohio-based early stage advanced energy producer that converts mixed plastics and rubber into transportation fuel, has received notification of an award for about $50,000 in grant development funding from the Edison Technology Assistance Grants (E-TAG) program. The grant is funded by the Ohio Department of Development. 

Polyflow will be assisted by EWI, the State’s lead Edison Center for Advanced Energy and Environmental Technologies, on implementing the project.

The E-TAG program is a technology acceleration program where for-profit Ohio companies, working in collaboration with one or more Edison Centers or incubators, can receive small and targeted grants that assist companies in overcoming hurdles standing between them and commercial success of a technology-based product or production process.

Polyflow says that the E-TAG award will allow Polyflow a greater speed to market by validating the Polyflow product for meeting fuel specifications and helping Polyflow target specific markets.

“The assistance of the E-TAG award will allow Polyflow to assess and fine tune our material for the most viable and opportune markets,” says Terry Parmalee, Polyflow Feedstock Development manager. “We thank the Edison Welding Institute for the resources and insights that will help ensure that Polyflow commercializes swiftly and effectively.”

Prior to receiving the grant, Polyflow has used private equity funds to coordinate a threefold project to secure suppliers, design a continuous processor and secure a buyer of the Polyflow end product to prove viability for commercial investment. The company says the award will compliment the work that has been conducted to establish the right commercial channel and buyer when Polyflow commercializes its system.

“In addition to an immediate benefit for Polyflow, this project will help develop the infrastructure in the State of Ohio for analysis of alternative fuels,” says Mark Norfolk Sr. project manager at EWI.
Polyflow says that its technology allows companies to convert mixed plastic and rubber waste into gasoline, diesel fuel and raw materials for polymer and rubber manufacturing. The materials are traditionally derived through the importation and refining of crude oil.