Making recycling pay
The start-up BIOFABRIK is located in the Dresden suburb of Rossendorf. Oliver Riedel, CEO and founder, describes the site as “surrounded by greenery and ten minutes from one of the most beautiful cities in Europe”. He and his team of engineers have developed a system that turns plastic into fuel. Pyrolysis is the process by which oxygen is removed from a range of different plastics to leave behind a diesel-like liquid.
In order to direct operations at many scattered locations, the system is controlled by app. “In Asia, Africa and Latin America, everything happens today via mobile phones,” says Riedel. The equipment is transported in a container from place to place, enabling waste to be collected and recovered in even the most remote locations. The business concept is an ingenious one, because local people are paid for every kilo of single-use plastic they bring for recycling. In this way, waste is turned into energy while at the same time boosting the local economy.