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Recently, Mitsubishi Chemical announced that it has signed a licensing agreement with Mura Technology, a plastic chemical recycling company
.
The two parties will jointly carry out a process research (HydroPRS) for the chemical recycling of plastic waste
Mitsubishi Chemical said that Hydro PRS is a process technology that uses high temperature and high pressure supercritical water to convert plastic waste into recycled chemicals and recycled oil
.
Compared with the traditional direct pyrolysis technology, this method can obtain high-yield recycled oil with the same quality as petroleum raw materials