walden farms dessert dips

I want to thank you for your enthusiasm and your listening to this video in its entirety. It does provide an option, and it is being scaled by multiple parties in the plastic industry today. And why this is challenging from a claims point-of-view is consumers are a little leery of making those types of claims. A lot of times people look at plastic and think it's just a single material. As I mentioned earlier, we've taken a used dirty diaper and when I say used, I mean, used, all of the glory in it, and we can purify that and that has a lot ofdiapers have a lot of extra stuff beyond the bio-burden. They may misinterpret that as greenwashing. Then as we just discussed, I think there's going to be, like any new technology and process, there's going to be learning phases where we have to solve issues as they arise. As we were working toward this goal, we discovered that we can remove color contamination and odor from recycled plastics, which opens the door for broad uses of recycled polypropylene and, in time, other plastics like polyethylene (PE) and polyethylene terephthalate (PET), says John Layman, section head of corporate research and development for P&G. As I mentioned in previous questions, theres, there have been previous patents around the use of solvents to purify polypropylene. But then as we kept hitting milestones of success, getting the technology at a point where we could put in really dirty polypropylene, including used dirty diapers, and started getting really high quality material, that we would certainly reuse again, we got really excited. PP is used in automobile interiors, food and beverage packaging, consumer good packaging, electronics, construction materials, home furnishings, and many other products. I believe that, honestly, the first PureCycle plant in Ironton will be the most expensive, least efficient, most capital-intensive plant that we ever build. Copyright 2023 CleanTechnica. Again, the excitement for us comes back to being able to deliver against that overarching mission. The good news I can tell you is that we are looking around the corner and we anticipate these issues and we're developing very robust designs with Koch Modular, our engineering partner, to ensure that we get, obviously, the most robust process that we can, obviously, without wanting to go too high in terms of either capex or opex. For those reasons, I think these technologies are out there. I won't get into maybe the esoteric details of why that particular solvent works that way, but I can tell you that from an IP portfolio, we actually have a plurality of alkane solvents and mixtures that could be used. PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. With this new technology that takes nearly all the imperfections out of the final product, it will enable us to increase our usage of recycled plastics and help us move closer to meeting our sustainability goals. Not only PureCycle, there's APK, as we mentioned, as well as for polystyrene, a different type of plastic, there's also a company called Styra Solution working on solvent-based purification of polystyrene through a different process than what we're doing. "Both manufacturers and consumers have signaled a strong preference for recycling plastics, which otherwise pollute oceans, landfills, and other natural places. To learn more, visit purecycletech.com. But as with all IP questions, if it's a serious concern, I recommend that you reach out to an intellectual property attorney where they can review our IP filings against perhaps other solvent-based IP filings. And if you have a 5 melt flow index polypropylene or a 50 melt flow index polypropylene, the Young's modulus, the flexural modulus, many of the other physical mechanical properties are going to be a function of that melt flow rate. I think there has been a lot of examples of where people have been impressed by what they've read and what they've seen, and certainly from a freedom practice issue, there has been no issues at all, and from an IP score, I believe it will score high. This technology, which can remove virtually all contaminants and colors from used plastic, has the capacity to revolutionize the plastics recycling industry by enabling P&G and companies around the world to tap into sources of recycled plastics that deliver nearly identical performance and properties as virgin materials in a broad range of applications," said Kathy Fish, P&G's Chief Technology Officer.". We look forward to continuing that and seeing the first commercial plant produce material and integrate that into our products. All of those things will be a function of what feedstocks we actually produce. About PureCycle TechnologiesPureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. In that scenario, certainly they could blend a virgin material with that recycled material to get the feedstock or to get the final properties that they need for that application. There were always some learnings there. As I mentioned with APK, there are other solvent technologies. PureCycle cuts ribbon on new development - The Tribune The group combines the expertise of Wasson Enterprise (WE), a family-based investment firm led by former Walgreens Boots Alliance CEO Greg Wasson, and XL Tech Group (XLTG), Innventure's precursor company. Recycling is a vital part of who we are as a company, but its also a very complex system. We knew that this would change the game for plastics recycling. Was this expected? We do see a lot of investment. "Our approach to innovation not only includes products and packaging, but technologies that allow us and others to have a positive impact on our environment. The second question Discuss P&G's excitement level for this technology, why P&G didn't want to commercialize this technology on our own? The first part of this question is quite simple. For the next question, From a technical perspective, what are the scaling risks you observed while transitioning from the Phasex test to the FEU? And so we want to ensure that if we can mechanically enrich materials from our mechanical steps in advance of the solvent process, that we do that so that we are left with the best likelihood of, you know, high-profit process, where you know every material that's going in is as efficient as possible in terms of feedstock contamination. And then what risks do you anticipate scaling from the FEU to larger scales, both 107 million pounds and 165 million pounds per year? The first thing I wanted to do is just maybe provide a little bit of context behind what we mean by Phasex test and the FEU. P&G breakthrough leads to $120M investment in Ohio plant | PureCycle P&G has always wanted to use more recycled plastic in our process, but we have high standards and what was available on the market did not meet our need. The global PP market is valued at more than $80 billion, according to Transparency Market research, and is on track to reach $133.3 billion by 2023. And as far as odor and appearance, its largely indistinguishable from virgin resin, he says. So, to be able to classify as physical recycling, mechanical and the solvent-based processes do qualify. PureCycle Technologies today revealed plans to open a small-scale plant in Lawrence County, Ohio, to test and calibrate a polypropylene plastic recycling process based on patented technology developed by Procter & Gamble Co. Procter & Gamble And PureCycle Collaborate On - CleanTechnica Procter & Gamble launches new polypropylene venture with PureCycle As I mentioned, you're filtering out contaminants then you have to get those contaminants out of the process, and then either recycle them or at a worst-case scenario, put into a sanitary landfill. And so, we, our first products are declared homo-polymers. Even when recycling is attempted, the colors and aromas embedded in the original waste products remain, turning the end product into a gray or black substance that still has a powerful odor to it, which is hardly something other companies are willing to pay good money for. PureCycle Technologies and P&G introduce technology that enables PureZero Program I think these two area will be bottlenecks to b addressed, keeping those filter units running consistently and reliably, and being able to go back and forth. I know it's probably a lot of questions and answer here. Purecycle, Mitsui Sign Heads of Agreement What I would always encourage when I get this question is, you can have an intellectual property scored by an IP attorney. An example was a patent from Germany where they were using gasoline. However, we are limited in the amount of recycled content and the products that can use recycled plastic due to the inherently poor quality of recycled materials. And due to all of those reasons, that's why you see these processes and these technologies constantly being developed and requiring a lot of expertise to bring to life. Procter & Gamble Co. is licensing its patented PP recycling approach to a company called PureCycle Technologies. Purecycle'S Flagship Polypropylene Purification Plant Reaches PureCycle Technologies and P&G introduce technology that enables Mechanical recycling, I should say, has developed tremendously. We can obviously blend either the feedstocks or the final products. Our team has continued to play an ongoing R&D role where we provide R&D support to PureCycle as both part of the tech transfer, as well as the ongoing refinement of the process and the technology. Purecycle, an Innventure company, uses proprietary technology licensed from Procter & Gamble to recycle waste polypropylene (PP) into virgin-like recycled PP for myriad applications. This technology, which can remove virtually all contaminants and colors from used plastic, has the capacity to revolutionize the plastics recycling industry by enabling P&G and companies around the world to tap into sources of recycled plastics that deliver nearly identical performance and properties as virgin materials in a broad range of applications," said Kathy Fish, P&G's Chief Technology Officer. One maybe anecdote I can share is PureCycle has had a lot of interest and partnerships from the virgin producers of polypropylene, and I don't believe those producers would come to us if they thought it was just so easy to work around our IP. Making Polypropylene the Next Big Thing in Recycling Recycled plastics are typically grey in color, have a malodor and have contaminants that present regulatory concerns. As I mentioned, I'll go through one-by-one each question and then provide the response. We go through a batch mode where we extract it, we purify, and go through all the steps of the process. P&G scientists figured out a way to restore recycled polypropylene plastics to "virgin-like" quality. PureCycle Technologies LLC., a subsidiary of PureCycle Technologies, Inc., holds a global license for the only patented solvent-driven purification recycling technology, developed by The Procter . And so, let's say we're using a 10 for virgin and a 20 for the recycled, in a lot of our applications, that substitution is just fine. PureCycle Technologies Provides First Quarter 2023 Update PureCycle: How Procter & Gamble want to revolutionise - interpack When they make those investments, they're obviously supporting the technologies and getting those companies off the ground. What would this mean for the recycling loop? Similar to the last question, if you think about our process as, you feed it in, its whatever the properties of that fed polypropylene are, then it's purified and whatever the properties of that purified polypropylene are going to be, are dependent on the feed-stock. Steve writes about the interface between technology and sustainability from his home in Florida or anywhere else The Force may lead him. You have to get the opacity to a point where you can claim it's as transparent or translucent as virgin. We use it in a variety of applications, whether it's non-wovens, films, injection molded parts like toothbrush handles, razor blade handles, anti-perspirant canisters or all sorts of packaging components like caps, closures, dispenser systems. In this scenario, could you blend it with recycled polypropylene, or excuse me, with virgin polypropylene? The answer is yeah, there is always going to be technology features that, maybe you have an application thats extremely sensitive and from a technology point of view, perhaps it's best to ensure that you're always using a virgina true virgin-like material on those applications, just so the consumer is absolutely assured that there is no risk of human toxic impurities in contact with sensitive areas of the body. Procter & Gamble, PureCycle Introduce Virgin-like Recycled Plastic Again, to me, this is a very logical thing to do. The other big area that we have, I would say, in terms of risk is, unlike a lot of other, say, virgin polypropylene production, we are removing waste from the recycled plastic. A new way iconic brands like P&G, Nokia cash in on R&D moonshots - CNBC I think that's where PureCycle will see the greatest bottlenecks and we will be putting attention towards solving. Its simpler with fewer steps using less energy to make a more competitive product, says Layman. Now, we run a proprietary process that enables us to use much more simplified pumping equipment list, obviously reducing capex and opex. PURECYCLE TECHNOLOGIES, INC. - MarketScreener.com I think there's going to be a lot of know-how that PureCycle develops and masters a range of technical challenges. We had canvassed the world looking for either companies that were selling high-quality recycled polypropylene, or companies that were specializing in developing technologies. Next question, Are there any known technical limitations to the number of cycles that polypropylene or recycled polypropylene can undergo without deterioration? This is a really good question. I would say we have a very strong partnership and relationship, and were quite excited about that. The small-scale plant will begin operating in January 2018, and the full-scale plant will open in 2020. P&G was familiar with Innventure and their predecessor company. Then the FEU is the feedstock evaluation unit, which is the facility in Ironton, Ohio, which is the first process that we have running at a larger scale than Phasex. Procter & Gamble Gets Metamucil-Sugar Deception Lawsuit Tossed There are other parts of the process that are not really affected by these temperatures and pressures. The melt flow index is really one of the key parameters that affects everything because its, the melt flow index drives all the other mechanical properties. However, at the time, and I do think things have changed since then, but at the time, we were concerned that because this was partially in conflict with their current business model, which was buying crude, refining it, producing monomers then producing virgin plastics, we weren't exactly sure how receptive the petrochemical industry would be to a technology like this. The company . They've got a very strict requirement for that polypropylene and in that scenario, I would expect that, again, they could blend at 50/75, you know, very high percentages, but kind of titrating our material in to meet their properties. PureZero Program The Procter & Gamble Company (NYSE:PG) Deutsche Bank dbAccess Global Consumer Conference June 8, 2023 2:30 AM ET. Today, unit operations, are much, much bigger than what we're looking to build even on a 165 million pound per year plant.The idea that needing to run these at a larger scale, we will not be building new equipment to have to run at that larger scale. Management Commentary Anyway, we want to develop our same great, awesome products, but doing it in a more environmentally responsible way. We're quite confident that our technology is unique, it's novel, it has tremendous utility, and I think our IP estate protects us from somebody copying our process or anything close to it. All of these pieces of equipment have been known for decades. The next question Please discuss the background for selecting Innventure as your commercialization partner and how P&G and Innventure have integrated their efforts to develop, commercialize the process and manufacturing. As I mentioned a bit ago, when we had developed the technology and we had proven that, again, the capex and opex were reasonable and there could be a business built around it, we then started developing an options analysis in terms of who would be the best partner. However, this interview should not be construed as either Dr. Layman or Procter & Gamble providing an opinion on any investment decision. We can use the material in any application we can. The patented technology was born in P&G labs as one of many innovations with meaningful sustainability benefits. This transcript of a November 1, 2020 video presentation represents answers to a series of technical questions presented by PureCycle Technologies LLC to Dr. John Layman, the scientist who invented the technology. We do believe this is key to serving our consumers, the way that they need, their basic needs met with our products, but doing it in a way where there's less guilt, doing it in a way where they know that when they buy our products they're making a responsible choice. It's the uniqueness of those pieces of equipment, the solvent and the polymer that present some unknowns. PureCycle Technologies and P&G introduce technology that enables For instance, filtration and continuous filtration. A groundbreaking event was held for the project on July 20, with details reported by Plastics News and Plastics Recycling Update. We developed that ourselves so that somebody couldn't do that. PureCycle's patented recycling process, developed and licensed by Procter & Gamble (P&G), separates color, odor and other contaminants from plastic waste feedstock to transform it into. Now, when it comes to scaling, I would just say issues or I would more likely frame those as typical growing pains of any technology or process, first of all, we transitioned from batch at Phasex to continuous at the FEU. These technologies work. Until now, recycled PP had limited applications. They're also much more complex, so you can take polypropylene into one of these facilities, and the output is so called plastic waste-based naphtha or a plastic crude oil. We're going to talk about that in a later question. "Our approach to innovation not only includes products and packaging, but technologies that allow us and others to have a positive impact on our environment. Circular economy movement, I think we're in full swing of, as a society which is absolutely fantastic in my humble opinion. However, I will tell you as the first author on the patent estate for PureCycle and really for the solvent process, I'm quite proud of the intellectual property estate that weve built. I can tell you that it's actually been personally for me quite a joy to be still full-time with P&G, but then also partnered with PureCycle to bring this technology to life. Learn more at innventure.com. P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always, Ambi Pur, Ariel, Bounty, Charmin, Crest, Dawn, Downy, Fairy, Febreze, Gain, Gillette, Head & Shoulders, Lenor, Olay, Oral-B, Pampers, Pantene, SK-II, Tide, Vicks, and Whisper. John Layman, R&D Director of Sustainable Materials Development, Procter & Gamble Hi. We believe it will take away the limitations [posed by appearance, odor and color] associated with recycled plastics, especially post-consumer. How do mechanical strength properties compare to virgin? That's a very a good question. When it comes to scaling, even beyond where our first commercial plant will be, again, back to the fact that all of these unit operations are well-known in the chemical engineering industry. Do pressures / temperatures need to be exact, or is the process environment-proof? I will say we certainly aren't environment-proof. We're constantly learning, constantly improving. I can tell you actually the current design, if you visit our facility in Ironton, Ohio, I'm not exactly sure what iteration it was or is, but I can tell you that our first iterations were much less efficient. Back in 2000 and this is now a couple of years later, call it 2014/2015 time frame, we had known that we could partner with, I would say, traditional existing polyolefin companies and producers, companies like Dow, Exxon and LyondellBasell. PureCycle Technologies completes business combination with Roth CH Proctor & Gamble is taking sustainability and the circular economy seriously, creating a new method to recycle polypropylene (PP) plastic into a "virgin-like" quality for reuse.In the World Bank's April Commodity Markets Outlook, higher prices were forecast for industrial commodities, principally energy and metals, in 2017 and next year.These . Thank you and have a great day. We knew that they had experience taking disruptive technologies and building businesses around them. This technology, which can remove virtually all contaminants and colors from used plastic, has the capacity to revolutionize the plastics recycling industry by enabling P&G and companies around the world to tap into sources of recycled plastics that deliver nearly identical performance and properties as virgin materials in a broad range of applications. Independent Construction Monitoring Reports, according to Transparency Market research, http://www.prnewswire.com/news-releases/purecycle-technologies-and-pg-introduce-technology-that-enables-recycled-plastic-to-be-nearly-new-quality-300491368.html, PureCycle Named No. The second part of this question, Why didn't P&G want to commercialize this on their own, or on our own? This is not part of our core business. P&G and PureCycle Technologies recently hosted a ribbon-cutting for a plant that will use a P&G-invented technology with the potential to revolutionize plastics recycling. P&G licensed the technology to PureCycle, a portfolio company of Innventure, a Wasson Enterprise Partnership that commercializes disruptive technologies.Founded in 2015, PureCycle is opening the feedstock evaluation unit in Lawrence County, Ohio where they will calibrate the PP recycling process. Recycling Company PureCycle Lied to Investors, Falsely Inflating Stock You could also make that claim for drug products where you have an application with very strict regulatory requirements, while we know that we can produce an extremely clean material with our process and likely pass those requirements, the risk to the business or the consumer may be such that the business chooses to go a different option when it comes to more sustainable packaging, maybe shifting to paper instead of plastic and so those things come into bear there. Today, I'm recording this video from my home in the Cincinnati area, where I'll provide answers to some very common questions. We actually own that. It wouldn't affect the final properties of the polypropylene, but rather, it would obviously slightly reduce the yield of the process because this degraded material would have to be removed. And there are, again, other companies out there who see the vision for solvent recycling as well. We have noticed that in certain parts of the process, if we dont control the temperature correctly, it can lead to operational issues. Plastics Recycler PureCycle Technologies Going Public Via SPAC While this is a P&G-developed technology, the recycled polypropylene produced by PureCycle will be widely available for purchase across the entire plastics industry. But so, integrating that technology or those steps together with our solvent and our particular polymer, in this case polypropylene, is where the uniqueness comes in.