Massachusetts Institute of Technology (MIT) spinout PK Clean, founded by Priyanka Bakaya (’11), aims to end the landfilling of plastic with a cost-effective system that breaks down non-recycled plastics into oil. Following a 2013 trial in Pune, India, #PKClean built and installed its first full-scale commercial plant in Salt Lake City, partnering with Rocky Mountain Recycling, Utah’s largest recycler. Operating continuously, the plant can convert up to 10 tons of plastic per day into 60 barrels of oil, with zero toxic emissions. Produced at around $35 per barrel, the oil is sold to a nearby refinery for around $100 per barrel. After nearly a year of operations in Utah, PK Clean plans to partner with other recyclers across the nation. Eventually, Bakaya says the plan is to move to developing countries, “where plastic waste is even more of an issue.”
Posted on: Wed, 31 Dec 2014 17:45:17 +0000
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