Founded By Industry Veteran Amit Tandon, Technology-Firm Ventana is Recycling Plastics For A Cleaner Future! – India

Posted on January 8, 2016 by DrRossH in Plastic Waste News

Founded By Industry Veteran Amit Tandon, Technology-Firm Ventana is Recycling Plastics For A Cleaner Future! – TechStory.

Globally, almost 2/3rd of plastics consumed every year – a whopping 300 million tons – are littered or disposed to landfills. Such disposal poses a huge environmental menace – in last few years alone, littered plastic choked underground sewers, resulting in floods in cities like Mumbai, Manila and Dhaka. Furthermore, since plastics don’t biodegrade, they persist in our environment for tens of thousands of years. The world’s largest landfill, the Great Pacific Garbage Patch, is 700,000 square km patch of “oceanic plastic soup” located at the north of Hawaii where plastic exceeds plankton by 6:1. The degraded plastic is ingested by sea turtles, jellyfish and even albatrosses that fly over these stretches, killing thousands of them every year.

In 2014, the company setup India’s first fully continuous plastic to fuel demonstration plant near Chandigarh that enables conversion of municipal plastics to high-grade petroleum fuels similar to industrial diesel. The technology generates about 800 – 1000 litres of liquid fuel from one ton of waste plastic. By transforming waste to an economic resource, the technology enables high project EBITDAs of 45% – 55%, which substantially enhances the economics of a waste management operation.

Besides creating green jobs, Ventana’s technology offers several environmental benefits. It promotes ecological sustainability by providing a supplementary route for fuel generation that avoids greenhouse gas (GHG) emissions associated with drilling, piping and refining crude oil. Every plastic to fuel plant leads to a direct reduction of 25,000+ tCO2e of GHG emission across its lifetime.

While it is really good to see an option for getting rid of plastic waste other than to landfill, we need to be careful that this could encourage people to continue to use unnecessary disposable plastic items all the time, rather than bring some sensibility back to our consumer usage.