Problem:
Food waste is often mixed with plastic waste and it is quite difficult to separate. If you incinerate them, you need high temperature, or dioxin, tar and high GHG emissions will be made. Huge recycling facilities are along with high CAPEX and OPEX due to high temperature and their centralized systems.
Products:
We have two types of catalysts: “Kasumi” is to carbonize mixture of food waste (90% or more) and plastic waste (up to 10%) on site at a lower temperature than competitors. “Plastalyst” is to decompose plastics quite efficiently on site from polymer to monomer at lower temperature and pressure than competitors.
Sustainability:
Lower temperature, up to 200 degrees C; thus, more affordable and compact; no need to separate waste unless the volume of plastic waste is up to 10% of the entire waste, so we can expand this solution; much less or no dioxin, GHG emissions, and tar, compared to waste incineration; our type is not a batch type but continuous processing, we can process up to 1 ton a day; last but not least, we can carbonize or decompose waste on site, so people do not need to ship them all the way to recycling facilities.
Biz model
Sell our catalysts and equipment to chemical or waste management companies, or provide licensing of our catalysts to chemical companies
Market size:
According to Reports and Data in the USA in 2017, food waste management market size in Europe and the US in 2018 is 13B USD and will be 19B USD in 2026.
Sales
We were selected by Think Beyond Plastic. Through them, exhibitions and start-up competitions, we will raise awareness. We have sold some equipment firstly in Japan and received great feedback.
As for Kasumi, we have already sold some firstly in Japan and received great feedback. As for Plastalyst, we applied for a patent, and are going to launch by March 2021.
Advantages:
Compared with the other catalysts, ours react at lower temperature, up to 200 degrees C; no need to separate plastics unless the volume of plastic is up to 10% of the entire amount; much less or no dioxin, GHG emissions, and tar, compared to waste incineration; our type is not a batch type but continuous processing; and last but not least, we can carbonize or decompose waste on site.
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