Cleaning up waste to make money - Rushlight Events · 2019. 6. 27. · Cleaning up waste to make money Rushlight Summer Showcase London, 20th June 2019 Dr Dhivya Puri – Head of

Cleaning up waste

to make money

Rushlight Summer Showcase

London, 20th June 2019

Dr Dhivya Puri – Head of Organics R&D

Municipal Solid Waste (MSW)

One of UK’s biggest challenges AND opportunities

55%* of waste is burnt or buried (*Defra)

Why is this accepted?

Complex & not easy to work with

BUT

Massive amount valuable resources lost

Costs transport & disposal (>£120/tonne)

Landfill gas significant contributor to

global warming

Cleaning up waste

Fiberight process cleans waste and converts into market ready

commodities

Revenue positive

Reduces GHGs compared to current options

Process takes 80% of whatever council isn't

recycling and turns into clean resource

Remaining 20% turned into clean energy

‘13 ‘14 ‘15 ‘16 ‘17 ‘18 ‘20

UK recycling rates

Cleaning up waste

10 years R&D + technology development

Stitches together proven technology from different industries

Smart configuration maximises resource recovery

Proven processes – low risk

Lab scale (kg) Commercial (150,000 tpa) Pilot (15,000 tpa)

iPhone = iTrash?

Cleaning up waste to make money

Apps Bolt-ons

Clean energy

Plastics & materials

Metals & glass

Chemicals & fuels

Material Recovery Platform

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Technology Circular Solution

Pulping Separation Recovery

Paper / card

Rigid plastics

Metals

Flexible plastic

packaging

Food waste

Glass

Anerobic

Digestion

The Team

CEO - Craig Stuart-Paul COO – Steve Davey UK MD/CTO – Nick Thompson Organics R&D – Dhivya Puri UK Business Development –

James Marshall

Team spread across UK and US

Best use each countries financial incentives, pool of investors & gov’t assistance

Diverse and complimentary backgrounds with proven success

Historically:

R&D in UK

Scale-up/commercialisation in US

Investment

UK commercial opportunity - cleaning up waste to make money Looking to fund the first UK commercial facility

Developed and adapted from knowledge gained from US plant

Tailored to UK market and infrastructure, off-take partners for products

Seeking active investors

likely £4m equity raise late 2019

Potential site identified

Supply Chain Agreements

Feedstock (MRF Rejects, RDF)

Off-take agreements

End of Waste biofuel options