Waste-Plastic to Fuels - Modern Mining Solutions, LLC ("MMS”) has acquired a licensing partnership for an industry-changing technology, that is dedicated to the economically feasible conversion of waste-plastics into commercially viable fuels. These licensing rights allow MMS to partner with Investors in the creation of "Modules” which utilize the proprietary technologies developed in the United States.
Much of the technology used in this industry changing process has existed for decades, but the major challenge existed in making commercial-scale systems that are economically feasible. The available technology was limited and did not yield a desirable finished product. Recent investment and innovations in Liquefaction technology has created a new generation of processes that have overcome the primary obstacle in recycling plastics into recovered energy… Profitability.
According the Earth Institute at Columbia University, Americans discard about 33.6 million tons of plastic each year, but only 6.5 - 8.0 percent of it is recycled and 7.7 percent is combusted in waste-to-energy facilities, which create electricity or heat from garbage. The remainder ends up in landfills where it may take up to 1,000 years to decompose, and potentially leak pollutants into the soil and water.
The Liquefaction process involves: 1) preparing the waste-plastic feedstock, and 2) continuously feeding the prepared feedstock into a liquefaction chamber where it is subjected to a thermal decomposition process that converts plastic into three primary byproducts: 1) Fuel; 2) Gas; and 3) Char. The overall process has been tested and proven to produce very low emissions thus meeting all necessary federal and state air quality, waste discharge and operational requirements to obtain permitting. Modules are shipped in components and reassembled with little new fabrication at the destination site.
Each Module will be manufactured and installed along with the appropriate pre-treatment systems to process low-value plastic waste. This phase will take approximately 6 months. The non-recycled plastic waste consumption capacity of each Module is up to 80 tons per day and will produce approximately 260 gallons of fuel per ton of waste-plastics. Necessary air and water discharge permits will be obtained to operate the Module in the facility designated by the Investor and pre-approved by MMS.
Together with our domestic and international partners, MMS is currently under construction in the expansion of our regional waste-plastic processing hubs.