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Unlocking Sustainability

Updated: Nov 6, 2023

How CPG Companies can Invest in Pyrolysis Plants

Pyrolysis is a process that converts waste materials like plastic, biomass, or tires into useful resources such as biochar, bio-oil, and syngas. These products can be used as alternative energy sources, and the bio-oil can be processed further to produce valuable chemicals for various industries.

P&G and other manufacturers can benefit from this sustainable source of raw materials, contributing to their sustainability goals and the circular economy. Additionally, the use of biochar as a soil amendment can improve soil fertility and sequester carbon, mitigating climate change. This addresses business sustainability focus and industry materiality issues.

Pyrolysis Flow

Investing in a Pyrolysis Plant

1. Feasibility Study

Conduct a comprehensive feasibility study to assess the technical, economic, and environmental viability of the pyrolysis plant project.

2. Waste Material Assessment

Evaluate the availability of waste materials and explore potential markets for the end-products.

3. Location Selection

Identify suitable locations for the plant, considering factors like proximity to raw materials, transportation, and adherence to environmental regulations.

4. Project Scope Definition

Develop a clearly defined project scope that specifies the plant's capacity, technology, and expected outcomes.

5. Budget Development

Create a detailed budget for the project, encompassing all capital and operating costs.

6. Financing Options

Explore various financing options, including debt, equity, or public-private partnerships, to secure the necessary funding.

7. Technology Provider Evaluation

Assess pyrolysis technology providers based on their track record, efficiency, and environmental performance.

8. Optimal Feedstock Mix

Determine the ideal mix of waste materials to maximize the yield of valuable end-products.

9. Marketing Plan

Develop a comprehensive marketing plan for the end-products, including identifying potential customers and establishing distribution channels.

10. Permit and License Aquisition

Secure all required permits and approvals from regulatory authorities before commencing the construction and operation of the plant.

11. Operational Plan

Create an operational plan outlining the plant's production schedule, maintenance requirements, and staffing needs.

12. Environmental Impact Monitoring

Implement an environmental management plan to closely monitor the plant's emissions and waste disposal practices, ensuring compliance with environmental regulations.

13. Risk Assessment and Contingency Planning

Identify potential risks associated with the project and develop contingency plans to mitigate these risks effectively.

14. Performance Monitoring

Establish a performance monitoring plan to track the plant's production, efficiency, and environmental performance over time.

15. Decommissioning Plan

Develop a plan for the eventual decommissioning of the plant, including site remediation and proper disposal of equipment and waste materials.

June1, 2022

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