wimao recycling technologies · there is now 2.9 million tons of plastic waste in europe, that has...

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CONFIDENTIAL. ©2019 WIMAO LTD. ALL RIGHTS RESERVED. COPYING OR ANY USE WITHOUT PERMISSION IS PROHIBITED. WIMAO – RECYCLING TECHNOLOGIES REMAT – a unique patented technology for recycling mixed plastic waste and other hard-to-recycle waste streams

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Page 1: WIMAO RECYCLING TECHNOLOGIES · There is now 2.9 million tons of plastic waste in Europe, that has nowhere to go.EC has calculated that 300 new recycling facilities are needed in

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WIMAO – RECYCLING TECHNOLOGIES

REMAT – a unique patented technology

for recycling mixed plastic waste and

other hard-to-recycle waste streams

Page 2: WIMAO RECYCLING TECHNOLOGIES · There is now 2.9 million tons of plastic waste in Europe, that has nowhere to go.EC has calculated that 300 new recycling facilities are needed in

WIMAO

Established: 2016

Founders: Ville Immonen (CEO), Timo Kärki

(Prof.), JuhaVaris (Prof.)

Vision: A waste-free world and Europe at the

forefront circular economy.

Mission: Flip the ’take, make, dispose’ model

on its head.

Team: Extensive/ interdisciplinary expertise,

vast experience in recycling, fiber composites,

as well as in production and commerce

Page 3: WIMAO RECYCLING TECHNOLOGIES · There is now 2.9 million tons of plastic waste in Europe, that has nowhere to go.EC has calculated that 300 new recycling facilities are needed in

THE PROBLEM

1 in 4

items in the recycling

container is not recyclable

260 Million TonPlastic waste per year

16%Recycled

25%Incinerated

40%Landfills

19%Leaks

No available

technology to

recycle mixed

wasteTechnical problem: 95% of plastics are only used once. For traditional recycling systems to effectively process them, each plastic grade needs to be

sorted and separated into individual streams.

Social problem: For decades, nearly half of Europe’s plastic waste has been shipped to China, Indonesia, Thailand and Malaysia to be recycled.

But the truth is, that most of this waste has ended up in landfills, incinerators, or even worse, in our oceans and rivers.

Now these countries have stopped taking our waste and we lack the capacity to deal with it.

Page 4: WIMAO RECYCLING TECHNOLOGIES · There is now 2.9 million tons of plastic waste in Europe, that has nowhere to go.EC has calculated that 300 new recycling facilities are needed in

OUR SOLUTION & VALUE PROPOSTION

REMAT technology• Recycle un-recyclable waste

• Mixed materials & content variations

• Plug and play operation

• Scalable and automated

• Payback in 1-2 years

REMAT products• 100% recycled material

• 50% cheaper

• Same performance & durability

• Limitless applicationsc c

REMAT uses a series of thermal and mechanical operations, to turn mixed plastic waste into high value, ecological composite products.

In addition to plastics, it is possible to recycle basically any fiber material, such as wood, paper, carton, textile, insulation wool, glass fibre…

The technology allows content variations and impurities in the material used, which makes sorting and pre-treatment easier.

It also allows to recycle materials that are hard or impossible to recycle by other technologies.

For every ton of waste processed, it is possible to produce a ton of composite products AND reduce 1-4 tons of CO2 emissions.

The products have similar quality and properties to competing ones, but they are ecological and can be manufactured and sold for a much cheaper price.

Page 5: WIMAO RECYCLING TECHNOLOGIES · There is now 2.9 million tons of plastic waste in Europe, that has nowhere to go.EC has calculated that 300 new recycling facilities are needed in

HUGE MARKET OPPORTUNITY

DEMAND

• 1.1 billion tons of composites produced annually

in Europe.

DRIVERS

Sustainable alternative:

• 100% recycled

• 50% cheaper

Same properties:

• Durability

• Weight loading

• Heat and moisture resistance

DEMAND

1.100 million tons by 2040

DRIVERS

Countries exporting waste

Germany

1.4 M tons

Belgium

497 K tons

France

458K tons

NL

388K tonsSpain

302 K tons

Italy

261 K tons

Poland

167 K tons

There is now 2.9 million tons of plastic waste in Europe,

that has nowhere to go. EC has calculated that 300 new

recycling facilities are needed in the next 5 years alone.

REMAT technology allows to create products with high

demand, that are not only sustainable, but price

competitive.

Pallets alone, for example, represent a 50 billion euro

global market.

Page 6: WIMAO RECYCLING TECHNOLOGIES · There is now 2.9 million tons of plastic waste in Europe, that has nowhere to go.EC has calculated that 300 new recycling facilities are needed in

ONE PLANT BUILT AND SECOND UNDER CONSTRUCTION

Lappeenranta factory:

• Annual capacity 2 000 tons

• Co-operation with Etelä-Karjalan

Jätehuolto Oy (Waste management

company in Lappeenranta)

• Recycled materials:

• plastics, wood and textile

• all recycled materials otherwise to be

incinerated or landfilled

• Total employees 10+ persons

Upcoming Lahti factory:

• Annual capacity 8 000 tons

• Co-operation PHJ Oy (Waste management

company in Lahti)

• 3.35M€ funding from EIC, one of the 75

companies funded out of over 3000.

Page 7: WIMAO RECYCLING TECHNOLOGIES · There is now 2.9 million tons of plastic waste in Europe, that has nowhere to go.EC has calculated that 300 new recycling facilities are needed in

@Wimao technologies

@Wimao technologies

For more info www.wimao.fi

➢Each produced product saves 1–4 times its

weight in CO2 emissions.