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PlasCred Circular shares plastic upcycling process

CALGARY — PlasCred Circular Innovations Inc., a company in the plastic waste management sector, announced its approach to granting plastic a second life.

PlasCred employs a patent-pending, three-step pyrolysis process:
Heating: The plastic waste is heated, transforming it into a liquid state.
Thermal Degradation: The liquid then undergoes thermal degradation, producing a vapor.
Catalyst Interaction: The vapor interacts with specially selected catalysts, turning plastic waste into a zero-sulphur green condensate.

The company’s process can transform up to 80 per cent of unsorted, unwashed waste plastic.

The proposed Maximus facility is designed to produce approximately 2,000 up to 10,000 barrels a day of zero sulphur green condensate and remove approximately 300 up to 1,300 metric tonnes a day of plastic waste from the environment.

PlasCred’s automated process is commercially viable and has a small footprint for operating space, with a low operator to processor ratio, and a modular design for easy deployment and scalability. Minimal water usage is required, primarily at the front end of the process to clean the plastic, as well as some non-contact cooling. Electricity usage is minimal, with produced fuel gas used to transform the plastic to condensate.

PlasCred has formed partnerships with Fibreco Export Inc. and CN Rail, providing transportation and logistics for collecting plastic feedstock efficiently across North America and internationally.

The company has multiple revenue channels, including the production of Zero Sulphur Green Condensate, Plastic and Carbon Credits, and Commercial End Products.