(Licella) Licella Holdings (‘Licella’), Mura’s largest single shareholder, congratulate Mura Technology (‘Mura’), UK-based developer and licensee of their Cat-HTR™ platform, on announcing a global partnership with KBR, a leading international provider of science, technology and engineering solutions. The new partnership supports the global deployment of Licella’s commercial-ready Cat-HTR™ chemical recycling solution for post-consumer plastic waste.
Licella’s Catalytic Hydrothermal Reactor (Cat-HTR™) platform uses supercritical water to economically convert waste plastics, otherwise destined for landfill, into oil to produce fuels, chemicals and new plastics – helping to unlock a circular economy for all plastic.
Licella created the Cat-HTR™ platform technology alongside company Co-Founder and the Prime Minister’s Innovation Prize winner, Prof. Thomas Maschmeyer. The company has been strongly supported by the University of Sydney during its journey from start-up to global technology innovators.