Kemao Environment: Chemical Recycling Turns Plastic Waste into High-Value Resources with the "Midas Touch"
When the global stock of plastic waste exceeds 2 billion tons and the annual increase is over 20 million tons, the pollution crisis caused by landfilling and incineration is becoming increasingly severe. Meanwhile, carbon emission reduction and circular economy policies have created a gap of tens of billions in the supply of PCR (Post-Consumer Recycled Plastic) raw materials. Zhejiang Kemao Environmental Technology Co., Ltd. (hereinafter referred to as "Kemao Environment") has carried out a technological layout around the chemical recycling of waste plastics, attempting to explore an industrial solution for plastic recycling through the path of "waste plastics → new materials".
Centering on chemical recycling technology, Kemao Environment has formed a technological system represented by PTO (converting waste plastics into oil) and PTP (converting waste plastics into propylene), covering different application scenarios and downstream demands. The company has been continuously investing in this field for many years. Through technological iteration, device construction and overseas market expansion, it has gradually promoted the commercialization of relevant technologies.
Technological Advantages Address Industry Bottlenecks
Kemao's technology has outstanding technological advantages in the industry.
At the raw material end, it has extremely strong adaptability to waste plastic recycling. There is no need for strict sorting and washing. It can directly process waste plastics from urban and rural household garbage containing certain impurities, waste plastics from landfills and mixed low-value waste plastics from other sources, which is well adapted to the current situation of waste plastic disposal in China.
In terms of production, both the product value and yield can reach high levels. The oil yield of PTO technology is about 20 percentage points higher than the industry average, and the pyrolysis oil produced can be used as a raw material for food-grade PCR plastics. The propylene yield of PTP technology is 15 - 20 percentage points higher than that of traditional crude oil-to-propylene technology. It can also simultaneously produce high-value chemicals such as low-carbon alkanes and BTX, achieving a "purified and oil-free" full-chemical output. At the same time, Kemao's technology is safe, environmentally friendly and has the advantage of low cost.
Relying on more than 90 domestic patents and nearly 30 international PCT patents, Kemao Environment has built an intellectual property protection network covering the entire production process from process equipment. Its original equipment and exclusive catalyst formula have solved the problems of incomplete reaction, high coking risk and poor product quality in traditional technologies, laying a foundation for large-scale implementation.
Clear Business Model: Step-by-Step Profitability for Long-Term Growth
Based on technological maturity and market demand, Kemao Environment precisely matches two core customer groups: domestically, it focuses on solid waste disposal enterprises and petrochemical enterprises; internationally, it targets multinational petrochemical giants and brand packaging enterprises.
The global chemical recycling industry of waste plastics is now enjoying double dividends from policies and demand. The European "Packaging and Packaging Waste Regulations" require that plastic packaging contain about 35% PCR components by 2030. The demand for high-quality PCR plastic packaging exceeds 5 million tons, while the global production capacity of pyrolysis oil, the core raw material for producing PCR plastics, is only about 300,000 tons per year, resulting in a huge supply - demand gap. In China, the "dual carbon" policy and the construction of "waste-free cities" are being continuously promoted. Multiple ministries have issued documents to encourage the development of chemical recycling technologies, and the market is gradually entering an explosion period.
Kemao Environment's technologies and products are highly compatible with market demands. For solid waste disposal enterprises, it can achieve the dual goals of "meeting environmental protection standards + increasing profits and revenues". For petrochemical enterprises, it can replace fossil resources with green raw materials, reduce costs and meet compliance requirements. Compared with international peers, Kemao Environment not only leads in technical indicators but also has significant price advantages and local service capabilities. With the launch of its first commercial plant, it will further consolidate its domestic industry position.
Development Blueprint: From Domestic Leader to Global Pioneer
The core team of Kemao Environment has both industrial operation and technological R & D capabilities. The team has continuously iterated from the second - generation to the fifth - generation technologies. Relying on more than a decade of industry experience and end - to - end technology integration capabilities, it has become the key guarantee for the successful implementation of projects.
Driven by the "dual carbon" goal and global plastic pollution control, the chemical recycling industry of waste plastics is on the verge of an explosion. With its breakthrough in key technologies, clear business model and definite growth path, Kemao Environment has become a highly valuable investment target in the industry. Kemao Environment will accelerate the industrialization and globalization of its technologies, promoting the industry to enter a new stage of large - scale development.