Led · Equity · Nov 2018

RES Polyflow designs, manufactures, and implements commercial-scale energy recovery systems that convert low-value, end-of-life and hard-to-recycle plastics into marketable petroleum blend stocks and wax. The company’s patented plastics-to-fuel process operates continuously and is intended to complement current recycling efforts by providing a productive end-of-life solution for non-recycled plastic waste. RES Polyflow is a founding member of the Plastics-To-Fuel and Petrochemistry Alliance in Washington, D.C. Through a new partnership with Brightmark Energy, the company is being positioned on a platform to develop additional plastics-to-fuel projects across the United States and globally. Brightmark acquired a majority interest in RES Polyflow via a $10 million investment and committed an additional $47 million to build the first commercial-scale plant. The initial Ashley, Indiana facility is planned to convert 100,000 tons of plastic waste per year into about 18 million gallons of ultra-low sulfur diesel and naphtha blend stocks and 5 million gallons of wax, and to create 136 full-time manufacturing jobs when fully operational.