Date: 27th of Jan 2021

Following Mura’s announcement of their global licensing partnership with KBR, a number of news and media platforms amplified our story, both in the UK and overseas, including coverage in Financial Times Markets.

A full list of media coverage can be viewed via the links below:

On 14th January, Mura Technology announced an alliance with KBR, a leading international provider of science, technology and engineering solutions, to support the global development of its proprietary hydrothermal upgrading process to recycle all types of waste plastic.

KBR is now the exclusive licensing partner of Mura, enabling the identification of new markets for the technology and providing engineering and technical services and equipment to develop sites for global clients. KBR’s position at the forefront in the provision of innovative, game-changing technologies offers Mura Technology world-class development opportunities within the global petrochemical sector.

Dr Steve Mahon, CEO of Mura Technology said:

This technology is revolutionary. We face a global plastic pollution disaster, as only a minority of plastic waste can be recycled – the rest goes into the ocean, incineration or landfill – at great expense. Meanwhile, we take more oil out of the ground to make new plastics. We want to change the way the world thinks about plastics – not as a waste product, but as a valuable resource – using our technology to forge an environmentally friendly, plastic neutral and sustainable future. KBR is a natural partner for us to achieve this vision – a global leader with the capabilities to support the licensing of our technology around the world. This partnership will accelerate our plans to help eliminate plastic waste from the environment.”

Doug Kelly, KBR President, Technology, said: “We are extremely excited to announce that KBR will offer Cat-HTR™ for license to clients so they can efficiently recycle end-of-life waste plastic and convert it into a reusable feedstock for plastics or other valuable chemicals production. This technology aligns with KBR’s commitment to sustainability by reducing lifecycle greenhouse gas emissions and the volume of waste that enters landfills and the environment, whilst contributing to the growth of the plastic circular economy.”

 


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