OXFORD, UK / ACCESSWIRE / June 30, 2022 / CarbonMeta Technologies (OTC PINK:COWI) today announces that its wholly owned subsidiary, CarbonMeta Research Ltd., is commercialising a breakthrough technology dubbed “microwave catalysis”, from the University of Oxford and the firm is making plans to process waste plastic at scale in custom-designed microwave machines, which will yield high value products for industry.
One metric ton of plastic mixed with 200 kg of iron powder catalyst can selectively produce enough hydrogen to heat approximately 200 homes, and can yield 900 kg of graphite and carbon nanotubes, which can be used to build battery technology for powering electric vehicles.
Transforming one ton of plastic using the technology can on average take two hours, with the material reaching temperatures of up to 600 degrees Celsius.
The company is forging commercial partnerships to up-scale this technology, including global multi-energy providers in Europe. Its latest initiative is an assessment project in Spain, which will analyse how differing combinations of mixed plastics waste perform in the new process, and how to generate the most substantial yields.
CarbonMeta’s mission is to ‘upcycle’ plastic and construction waste to help address the world’s burgeoning pollution and climate crises. The company’s technology will support the transition to two major sources of sustainable energy – hydrogen for transport or to heat homes and batteries for electric vehicles. Based in Woodinville, Washington, the firm is a developing a global reach predominantly based on this British innovation.
Oxford don Professor Peter Edwards is the brains behind the process, having conducted over two decades of research in environmentally-focused chemistry. His other work includes using carbon dioxide to create aviation fuel and extracting green hydrogen from fossil fuels. He was elected a Fellow of the Royal Society in 1996.
Commenting, Lloyd Spencer, CEO of CarbonMeta Technologies, said: “Our project in Spain is the first step on the road to fully commercialising what is a breakthrough technology.
“While a big part of sorting out plastic pollution is simply to stop producing so much plastic, we still need a sustainable process for dealing with what is still manufactured.
“With US entrepreneurship and investment, British research and European business support, this method of making something clean and useful out of problem plastic has potential global reach.”
Professor Peter Edwards added: “This is a ground-breaking solution to the global challenge of plastics waste. It is thrilling for myself and my colleagues to see this technology move out of the limited capacity of a chemistry lab into testing at a genuinely commercial scale.
We want the most robust possible figures on yield, so that we can demonstrate the potential of our microwave catalysis process to place plastics waste as a key contributor both to hydrogen energy and battery technology.”
The results of the European project will be published in the Autumn of 2022, with further commercial partnerships expected to follow with global energy firms who could benefit from the technology.
For more information about CarbonMeta Technologies and its subsidiaries, please visit www.CarbonMetaTech.com.
For more information contact:
+44 (7927) 616779
- CarbonMeta Research Ltd are a wholly owned subsidiary of CarbonMeta Technologies, Inc.
- CarbonMeta Technologies (OTC PINK:COWI) is a resource reclamation company that will process organic wastes and generate economically sustainable hydrogen and high-value carbon products.
- CarbonMeta’s includes plastic and construction waste upcycling to help address the world’s pollution and climate crises. The company is based in Woodinville, Washington, and has several subsidiaries, each with its own focus on high-value solutions for environmental sustainability.
- To contact CarbonMeta Research in the UK, please call +44 (1865) 257222
- To contact CarbonMeta Technologies in the US, please call +1 (844) 698-3777
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The ability of the Company to complete and file its Fiscal Year 2016 annual report on Form 10K relies on third parties to complete their activities. Investors are cautioned that such forward-looking statements involve risks and uncertainties, which include among others, the inherent uncertainties associated with smaller reporting companies, including without limitation, other risks detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission.