REMAT – A new patented technology to turn currently non-recyclable waste into recyclable composite products for a truly circular economy is a 2 – year project in which Wimao Ltd further develops its new and innovative recycling technology.
WIMAO is flipping the “take, make and dispose of” model on its head with REMAT; a breakthrough process to repurpose 230 millions of tons of plastic waste that are being sent to landfills and incinerators every year. Furthermore, countries where we have previously been exporting the majority our waste have put a ban on the import of foreign waste which means billions of tons of waste have nowhere to go and threaten EU’s ambitious targets to recycle up to 75% of waste by 2023.
Wimao’s recycling technology gives second life to these plastic waste streams in the form of new composite products that have the same properties as the billions of cubic meters of products manufactured every year from virgin raw materials. WIMAO is uniquely positioned to create a new standard operating mode for the recycling industry because we have the technology versatile enough to handle the volumes of waste that Material Recovery Facilities (MRF) collect, exactly as they receive it, without the need to separate waste streams, effectively surmounting the key barrier for recycling. Our technology is a radically new opportunity to push Europe towards its circular economy.
We have set up a pilot REMAT facility that started production in January 2019. We are turning mixed plastic waste that is not wanted by the plastic recycling industry and wood waste into, composite products. Now we are developing the next generation of our technology to
- Consistently process new types of challenging plastic waste streams and in greater quantities
- Manufacture larger and more complex composite products to open up new user segments
- Create automated process controls to accommodate fluctuations in waste materials
- Set the stage for licensing our technology
Project overall budget: EUR 3 358 281.25
EU contribution: EUR 2 350 796.88
Funded under: H2020-EIC-SMEInst-2018-2020-3
Coordinated by: Wimao Ltd