Aug 3 2007
Plastinum Polymer Technologies Corp. today announced that it intends to develop a number of recycling plants at strategic locations in the United States, starting with relocating its headquarters to California, to house its proprietary blending recycling technology for electrical and electronic waste.
"Currently, e-waste in its final stage consists of 88% mixed plastic and is virtually un-recyclable. Today, this waste ends up in landfills or is disposed of via toxic burning or other environmental and health damaging practices. Our technology eliminates the final toxic hurdle and makes it possible for the first time to deliver closed loop mixed-plastic recycling", said Jacques Mot, CEO of Plastinum Polymer Technologies Corp.
The Plastinum technology is currently the only environmentally pure economic recycling treatment process for mixed-plastic waste. Starting with California in September, the company expects to roll out up to five other locations by 2010. This will facilitate full recycling capability to electronic waste customers for the first time.
"Plastinum envisions an ethical plastics world with 100% recycling and the elimination of the so called disposals stage. We are the only company currently able to deliver on that vision of full recycling and that is what our end customers are calling for," Mr. Mot said.
BLENDYMER is Plastinum's proprietary polymer processing technology which uniquely enables complete fusion, through mechano-chemical processing, of previously incompatible polymers. Its technology (apart from recycling) therefore also enables the creation of novel hybrid polymers.