Turning Plastic into Above-Ground Mines

There's about 265 million tons of plastic consumed every year around the world. There are 240,000 plastic bags consumed around the world every ten seconds. There are one million plastic cups consumed on U.S. air flights every six hours.Compared to steel, plastics on a price per weight basis is three to four times more valuable than steel. and we consume, around the world, more plastics, on a volume basis, than steel, each and every year. 

Yet we recycle under 10% of plastics, compared with over 90% of steel. The reason is that plastics are difficult to separate after disposal. Now, finally, MBA Polymers has cracked the code. With plants in China, Vienna and the UK, a revolution is underway. Their proprietary processes require less than 20% of the energy needed to produce virgin from petrochemicals, saving enormous amounts of greenhouse gases.