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.