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Plastic Recycling March 18, 2020 11:30:00 AM

Plastics Recycling R&D Receives $25 Million in Funding

Paul Ploumis
ScrapMonster Author
The funding will support development of new plastics having improved performance attributes over existing plastic with special focus on recyclability features.

Plastics Recycling R&D Receives $25 Million in Funding

SEATTLE (Scrap Monster): The U.S. Department of Energy (DOE) has announced funding of up to $25 million towards research and development (R&D) activities pertaining to plastics recycling. The funding is part of DOE’s ‘Plastic Innovation Challenge’ program, which was established in 2016 with the aim of promoting innovations in plastics recycling technologies.

The funding will support development of new plastics having improved performance attributes over existing plastic with special focus on recyclability features. Further, it will provide big boost to recycling technologies that breaks existing plastics into chemical building blocks. The primary impetus will be on development of energy-efficient recycling technologies that can break plastic streams into intermediaries.

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The application process for the funding will be in two phases. In the first phase, applicants are required to submit a concept paper on or before April 22, 2020. The deadline for the second phase is June 18, 2020, before which a full application needs to be submitted.

Mark W. Menezes, Under Secretary of Energy noted that the funding demonstrates the government’s ongoing commitment to advancing plastic recycling technologies and the manufacturing of new plastics that are recyclable by design.

 

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