ReNew ELP has invested in a new technology to chemically recycle end-of-life plastics into valuable oils and chemicals. Around 6% of global oil and gas output is used in the production of plastics annually, but of the 311 million tonnes of plastics produced each year only 5% is currently recycled, with much of the remainder ending up in landfill or polluting our oceans and fragile global ecosystems. ReNew ELP's patented Catalytic Hydrothermal Reactor (Cat-HTR) process provides an innovative solution to the global problem of end-of-life plastic disposal and contributes to the creation of a circular economy. ReNew ELP has an ambitious programme of development in the UK. It's first commercial scale Cat-HTR plant will be built at the Wilton industrial Site in Teesside. The plant will initially recycle 20,000 tonnes of end-of-life plastic per annum but ReNew ELP has planning consent for a further three units, with a potential total processing capacity of 80,000 tonnes per annum. ReNew ELP is looking at other potential sites around the UK, and also offering to license the technology to waste producers and waste processing companies.