Today, $80–120 billion of plastic packaging material value is lost to the economy every year. This represents both economic and environmental value that can be reclaimed through recycling, which in turn, can contribute to incentivising collection and preventing plastic waste from leaking into the environment.
Although technologies exist for sorting, cleaning, and recycling of many plastic fractions, lack of confidence in market demand is constraining investment. Variable and low quality supply as well as limited transparency and standardisation are issues that are hindering progress of scaling recycling solutions.
Hence, this Request for Proposal (RFP) is seeking large, scalable, mechanical process-based solutions that will uplift value from plastic waste—which will create new market demand and improve the quality for recycled plastic, thereby enabling widespread adoption.
Proposals can be submitted by all categories of entities and organisations—public or private, for-profit or not-for-profit. The application period runs from now till 31 July 2021.
Today only 15% of plastic waste is recycled. Traditional mechanical recycling processes have limitations, in particular when dealing with mixed or contaminated products. Hence a large majority of plastics at end of life have little value and end up in landfill or waste-to-energy. Chemical recycling can fill a void in the plastics recycling loop, provide value to plastic waste as a feedstock, conserve valuable resources, and contribute to the creation of low carbon circular economy.
We are requesting project proposals built around chemical recycling technologies that involve a chemical conversion, i.e., converting plastic waste that is hard-to-recycle with traditional technologies, to produce plastics or feedstock for new materials and products.
This Request for Proposal (RFP) supports accelerating the deployment of technologies and business models which enable the recovery of the environmental and economic value of plastic waste and enable a significant increase in recycling through chemical conversion technologies where this creates significant impact.
Proposals can be submitted by all categories of entities and organisations—public or private, for-profit or not-for-profit. The application period runs from now till 30th April 2021. We will accept and review proposals during this submission window.
The Alliance plans to issue other RFPs in 2021 to address other Advanced Recovery and Recycling techniques such as advancements in waste-sorting technology and mechanical recycling; and for innovative business models and product design—all of which contribute to increasing circularity and ending plastic waste.
*Chemical Recycling is a process where the polymer structure of the plastic is changed and converted into feedstock that can replace virgin materials used in the production of plastics. Chemical Recycling includes processes such as gasification, pyrolysis, solvolysis and depolymerisation.