Enabling a
circular economy
A low temperature, chemical process,
that converts difficult-to-treat waste streams
BACK to their valuable form.
Value Offering
Oil production
New plastic products
More than 400 M tons of plastic waste are made
are produced annually! Less than 6% is Oil refining
recycled. Final markets.
Municipal, commercial,
industrial waste
USD 120 bn of resources are lost to the
environment and landfill.
Plastic Back brings unrecycled plastics
BACK to the economy by converting the
waste into valuable oils.
Loss to the
environment
Plastic Back’s chemical
Post consumed plastic
reaction converts the plastic
is diverted from landfill
waste to valuable oils
landfilling
Why Us. Why Now
Plastic Back is positioned to be a
The plastics industry, and specifically the PVC
highly adopted technology to
industry, are nowhere near the demanded
mitigate recycling challenges
recycling targets
• EU recycling targets of 55% by 2030
• >30% recycled content in plastic products
• Extended Producer Responsibility
• Fines (up to €200/ ton)
• Sales bans
• Reputation, consumer demand, brand
Supply and demand
The supply and demand curve for plastic-derived oils is completely
out of balance. Leading to high prices of non virgin feedstock.
300 M Supply
tons / annum Price
Of oil is used for per ton
$1,600
plastic production
Demand
>0.5 M
Tons /annum
are available from
Availability of non virgin feedstock
renewable sources
BASF BP Braskem INEOS Neste Total
Companies already
20,000 ton / 60,000 ton / 250,000 ton / 30,000 ton / 55,000 ton / 80,000 ton /
integrating alternative oils year year year by 2025 year year year
Technology
What is Superoxide Depolymerization. C-C bond cleavage
• Nucleophilic attack
• Both anionic and free radical properties
• Basic proton removal
• Exceedingly strong oxidative capabilities
• Radical hydrogen abstraction
Plastic Polymer
Product:
Hydrocarbons and oxygenates
Technology
The plastic polymer is converted
to short, liquid hydrocarbons.
• The IP is granted, and
protected world wide.
GCMS Chromatogram. C5-C20 hydrocarbons
• Main claims cover the
chemical reaction.
• Additional Provisionals
submitted
NMR. Nearly all protons are aliphatic
PVC Value Offering The first and most mature company in the
world to offer a full chemical solution for PVC
+
Chlor-alkali
process
Brine
(NaCl solution)
Plastic Back polymerization
process Vinyl
chloride
Naphta Steam
Ethylene
cracking
End of life
PVC waste
Verified and supported by:
Advantages
Mechanical PLASTIC
Pyrolysis
Recycling BACK
Mixed Materials
Scalable Energy efficient Conversion
occurs under 100 ºC.
CO2 Reduction Competition: 600-1,200 ºC.
PVC Tolerance
Non Thermal
Unique process that can treat
‘difficult’ plastic types including
Pyrolysis: 0.1% Chlorine levels Plastic Back: No limit ! PVC, mixed and contaminated
Plastic Back can improve energy efficiency for
Due to low-temperature conversion,
currently treated waste streams. And can CO2 and other GHG emissions are
address untreated, contaminated waste streams. substantially reduced
Business Models
JV/ core technology supplier
Plastic Back will supply:
• Reactor system (facility 40% of CAPEX)
• Catalyst (lock-in effect / golden key)
• Licencing and service (6% of CAPEX)
Licensing
Plastic Back provides the blue-print only
• % of output generated
Business case
Unit Economics per ton of oil product Facility operator financial business case
Processing Output value
capacity: CAPEX: (oils):
15,000 tons/ USD 30M USD 1,200-
annum 1,400/ ton
Additional:
ROI: IRR:
Plastic credits
6 years 22%
Carbon credits
Projections
Early and growth stage
2027 2028 2029 2030 2031 2032
Added processed plastics (ton / annum) 500 15,000 30,000 60,000 120,000 240,000
Total processed plastics (ton / annum) 500 15,000 45,000 105,000 225,000 465,000
Rev. from reactor unit sales (40% of CAPEX) 0 12 M 24 M 48 M 96 M 192 M
Rev from catalyst (1% of processed waste) 0.12M 3.6M 10.8M 25.2M 54M 112M
Rev from service (6% of CAPEX) 0.52 M 0.8 M 2.2M 5.1 M 10.9 M 22.4 M
Total Rev (USD) 0.172 M 16.4 M 37 M 78.3 M 160.9 M 326 M
Mature stage
2.5% of PVC market 2.5% of global market
Processed plastics (ton / annum) 1,000,000 10,000,000
Total Rev. (USD) 1.1 bn 10 bn
A JV model of 1,000,000 tons of plastic Represents:
waste processed / annum, will bring • 2.5 % of global PVC production
Plastic Back to a USD 1.1 bn revenue. • 0.25% of global plastic production
Overview
PoCs and trials Patents VC Investors
>10 X2
International grants Recognition SDGs
Roadmap
2022 2027 2032
R&D. PoCs Semi 250 KT
Laboratory scaleup Commercial USD 160M Rev.
2025 2028
Beta site First commercial.
Piloting 15,000/ annum
BIRD piloting project
Approved BIRD project
The partners will develop and demonstrate a
chemical recycling pilot unit at a US site, based on
Plastic Back’s chemical depolymerization process.
Project Budget 2025-2026 operation
Ohio sorting facility
USD 3M 30 ton / annum
Plastic Back chemical recycling unit
BIRD piloting project
Project partner: Freepoint Eco system:
A world leader in the chemical recycling space and
energy products trader
Project facility: Ohio – 90,000 tons/ annum
(planned pilot location).
Existing oil offtake agreements:
Ohio sorting facility Shell – entire 90 Kt output Ohio facility
Dow – 60 kt output. Arizona facility (2026)
Commercial TS signed between FP and PB:
• Pilot stage offtake: USD 800/ ton oil
• Licensing for 5 recycling facilities in the US. Additional in the EU
Plastic Back chemical recycling unit
Team
Tal Cohen MBA. CEO Nitsan Papo M.Sc Senior Chemist Shahar Cohen VP Eng.
Renewable energy start-ups. Chemistry & Materials Science Over 10 years of engineering scaleup
Biz Dev and project management
Rotem Kelman M.Sc . Senior Chemist Asaf Porat CFO Uri Stoin Ph.D. CSO
Polymer Chemistry VC, IPO, and project financing Advanced oxidation process,
green chemistry catalysis
Alex Braun MBA. COO Prof. Yoel Sasson Advisor Heral Mehta Board Member
R&D in biodegradable polymers Co-inventor. Financial modelling, venture capital,
and environmental projects Casali Center for Applied Chemistry and business development.
Thank you
