CynarPlc Converting End of Life Plastic into Liquid Fuels
Cynar was established to focus on finding solutions to waste problems. It was apparent then, and remains today, that End of Life Plastic is the waste industry's biggest issue. The new Cynar Technology is a unique and profitable process that is pertinent to the largest issue facing all markets and recyclers today, positive disposal of end of life plastic.
Cynar Plc ("Cynar") is developing and has patent applied for a technology which converts a wide range of ELP into liquid fuels, mainly diesel which Cynar calls - End of Life Plastic to Diesel (ELPD). This unique Cynar Technology converts mixed Waste Plastics into synthetic fuels that are cleaner, low in sulphur and in the case of the diesel, a higher cetane than generic diesel fuel. The key elements of the Technology involve pyrolysis and distillation.
The first full scale ELPD plant has received all required permitting and licensing and is operating in Ireland. The second plant has successfully been awarded planning permission in the UK with SITA/Suez Environment and is proceeding to plan.
Cynar has successfully agreed an exclusive contract with SITA/Suez for a total of 10 plants. This contract is valued at over £70m and is being followed by similar agreements with other reputable recyclers.
Cynar's Technology is a truly sustainable waste solution, diverting End of Life Plastic from landfill, utilising the embodied energy content of plastics and producing a highly usable commodity. Cynar are actively seeking partners with experience in the waste and fuel industries to work together in rapidly commercialising this unique Technology.
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