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Boost for the Global Deployment of Licella s Innovative Cat-HTR™ Technology as Global Plastics Licensee Mura Technology Partners with Leading Engineering Firm KBR – Advanced BioFuels USA

(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

catalytic hydrothermal conversion – Advanced BioFuels USA

catalytic hydrothermal conversion – Advanced BioFuels USA
advancedbiofuelsusa.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advancedbiofuelsusa.info Daily Mail and Mail on Sunday newspapers.

Innovative technology to eliminate plastic waste

Jan 14 2021 Read 904 Times Mura Technology, the UK-based developer of a new ground-breaking technology capable of recycling all forms of plastic waste, has today announced a global partnership with KBR, a leading international provider of science, technology and engineering solutions, to support the global development of its proprietary technology, Cat-HTR™. Plastic pollution is one of the most pressing environmental challenges today - approximately eight million tonnes of waste plastic ends up in the oceans every year and it is estimated that only 14% of global plastic packaging is collected for recycling, with the lost resource of plastic waste valued at over $80 billion per year3. Where plastic is not reused or recycled, new virgin plastic must be produced to meet demand. The production of this virgin plastic already accounts for 6% of global oil production, set to increase to 20% by 20504, creating significant carbon emissions.

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