Waste plastics is fed into a chamber with rotating blades, chopped up and mixed together. Business Week compared it with an “industrial-scale Cuisinart.”
New Generation Plastic's process is based on the principles of ultrahigh shearing, which breaks down chemical bonds and creates mixed plastics that bond together well, without the need for expensive compatibilizers.
New Generation Plastic is a subsidiary of New York-based New Generation Holdings Inc., a 3-year-old company that develops new technologies in plastics and computer software. The company is traded over the counter on Nasdaq.
New Generation Plastic is talking with officials from Correze in southwestern France about building the first full-scale computer scrap recycling plant.
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