Cyclion’s world-first technology is converting plastics and biomass into electricity and energy, and the company is launching an equity crowdfunding campaign today
Cyclion – an Australian climate tech startup – has announced the launch of its revolutionary technology, which will convert mixed waste materials such as plastics and organic waste into energy via ‘Green Chemistry’. The pioneering technology is turning environmentally destructive waste into energy that reduces the need for fossil fuels, solving the issues of mixed waste management and energy production in one uniquely efficient mechanical model.
The booming waste-to-energy market is expected to surpass $68 billion annually by 2030 and Cyclion is poised to receive their share of the market after years of research and development to create their innovative technology. In line with the partnership agreement with San Miguel Global Power, Cyclion has also launched an equity crowdfunding campaign that launched last week on Birchal.
Cyclion’s process will employ proprietary next generation technology referred to as ’Cyclion Catalytic Fluid’ (CCF) and the Cyclion process. The process liquifies plastics and organic rubbish, converting it into fuel or electricity. The method reduces the amount of waste finding its way into landfills and offers a fuel source that is far more environmentally friendly, sustainable, and profitable than many current fuel and energy options. The Cyclion process is turning plastics and general waste into a valuable commodity, acting as a much needed alternative to waste management methods such as recycling which have proven inefficient and ineffective.
The system works somewhat like a washing machine, taking mixed waste and running it through various cycles. At each cycle the waste is liquified and degraded until in the end all that’s left in the tank is inorganic matter – solid glass or metals – that can be separated and recovered. What’s been degraded becomes an oil that can then be further processed as fuel or converted into a flammable gas to generate electricity.
“Recycling has been around for over 50 years, but less than 10% of plastic waste is actually recycled. The current recycling processes require significant mechanical force to sort and pre-treat mixed waste, but Cyclion mitigates this issue by rapidly and efficiently converting waste into energy. It’s the solution our planet has been asking for for decades,” explains Philip Major, Founder and CEO of Cyclion.
The technology could be a key factor in bridging the gap between waste collection organisations and the lack of sophisticated recycling technologies. Cyclion estimates that the 12,350 tonnes of plastic waste stockpiled by RedCycle following their collapse could be broken down by a fully operational Cyclion plant in around two weeks. The result would be 2 million litres of diesel fuel, and could fill the tanks of around 33,333 cars.
Philip began researching Waste to Energy in 2014. In recent years Philip embarked on new research into nanotechnology and various green catalysts to determine how to most effectively convert mixed waste into energy. This resulted in the current patented pending process that is capable of treating and processing a range of mixed waste materials, converting them efficiently into energy by accelerating the natural biodegradation process.
In 2020, the International Energy Agency stated that “Without strong and targeted R&D efforts in critical technologies, net-zero emissions are not achievable.” Cyclion’s revolutionary technology – whose patent is currently pending and undergone international review by IP Australia – is one such critical technology.
The Cyclion process requires minimal pre-sorting, therefore saving significant expense and time when compared with other recycling and waste management methods. The purpose-built Cyclion Plant operates at less than 300°C which is much less than other processes. This requires dramatically less energy, creating the potential of operating in a financially sustainable and self-sufficient model.
Cyclion launched in 2022 and collaborated with a major university in Brisbane which included converting mixed plastics and various biomass to oil, and is already in discussion with multinational conglomerates in the Philippines about a potential project worth over AU$150 million.
Cyclion’s key area of focus is in South East Asia, where the vast majority of the world’s plastic waste has been dumped. In the Philippines alone, more than one-third of the world’s plastic waste has been distributed across the country’s 7641 islands. The intention is to start developing a project in Australia as the project in the Philippines progresses.
For Australians interested in investing in a key player in the world’s recycling economy, Cyclion’s crowdfunding campaign on Birchal is live now and open for Expressions of Interest. Click here for more information.
About Cyclion
Cyclion is a pioneering leader in waste to energy services – committed to revolutionising the way we manage mixed waste and generate power globally. Established in November 2022, Cyclion Waste to Energy Solutions aims to minimise landfill by using patent pending, cutting edge technology to harness the latent energy housed in mixed waste materials such as plastics and organic matter, converting it into clean, renewable and profitable energy. Cyclion is a climate technology venture in the pre revenue phase.
