What goal have you set yourself for 2022?
Barker: We have recently entered into a Joint Venture collaboration in The Netherlands to promote PlasTech Recycling and our PolyWaste Technology to the EU. Further R&D testing will be done using specific waste streams gathered from across Europe in order to demonstrate the effectiveness of the new technology.
Our prototype PlasTech Mixer Melter is scheduled to be up and running in The Netherlands before Easter 2022. In addition to the above, will release our commercial model from within Australia in readiness to contract for production, license agreements and additional Joint Venture opportunities in strategic regions around the world. 2022 is destined to be a landmark year!
How do you think the plastics industry will develop over the next few years?
Barker: At PlasTech Recycling, we have hope and confidence that the growing voice of the people around the world calling for change and further regulation to reduce our dependency on plastic, demand and support better alternatives and use of our natural resources will be realized.
As mentioned above, the issue is not just one of improving recycling capability, but there is a desperate need to curb the exponential growth of new plastic being manufactured and legislate to make the manufacturers of plastics to be accountable for the whole life cycle of the products they produce.
Petroleum resources are finite, so the above needs to happen. The linear lifecycle of plastic must be addressed by making full use of the resource in a circular economy.
In playing our role, the PolyWaste Technology provides the ability to harvest and repurpose comingled and contaminated waste plastics. I foresee that this technology will enable government and community to clean up the existing plastic waste in the environment.
In bringing economic value to all used plastics, it will enable communities to find a useful purpose for all used plastics and, in time, make redundant the term 'waste plastic'.