‘Plastic Waste to Wax’ Plant Offers New Life to Plastic Waste

SEATTLE (Scrap Monster): Trifol- the Irish technology company that has developed and patented a process of transforming plastic waste into high-grade wax, has announced opening of a new plant in Portlaoise in the province of Leinster, Republic of Ireland.

The €12 million investment will see establishment of the world’s first commercial ‘plastic waste to wax’ plant. Trifol had earlier launched a pilot plant at Queen’s University, Belfast to develop and refine the technology

The plant will employ Trifol’s patented technology to process all plastic products within the categories 2, 4 and 5, converting all end-of-life plastics into commercial waxes, ingredients for the production of synthetic lubricants and liquid fuels as a by-product. The plastics will be procured directly and indirectly from various industrial and commercial sources.

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Patrick Alley, Founder and Chairman, Trifol stated that the company is delighted to open its first plant. He thanked the support offered by shareholders and the board and the close collaboration of Queen’s University and the University of Limerick. The company is already in discussions with potential partners in the UK, Europe and the US to execute its global expansion plans, Alley added.

Charlie Flanagan, Minister for Justice and Equality commended Trifol’s initiative to turn environmental disaster into a commercial opportunity. The company’s plan to develop Portlaoise as a reference site will provide big boost to Portlaoise and the Midlands, he said.

The new plant is expected to generate 16 jobs initially. It offers significant potential for expansion, thus capable of offering up to 30 jobs in future.