Plastic Waste Recycling

What Plastic Waste Recycling does

PWR – Plastic Waste Recycling a.s. is a Slovak private joint-stock company (a.s.) founded in 2016 and headquartered in Bratislava, with production operations at the PCP 700 plant in Lučenec. The company has 51–100 employees and operates primarily within the Slovak and Central European market. Its core activity is the manufacture of fuels and gas oils produced through valorisation of plastic waste via its proprietary T-Technology® thermo-catalytic depolymerisation process.

T-Technology® catalytically degrades polyolefin plastics — specifically HDPE, LDPE, LLDPE and PP — at 390–490 °C in an air-tight, combustion-free environment under normal atmospheric pressure, using two parallel cyclic reactors with continuous catalyst injection. The system tolerates up to 10% organic and inorganic impurities in feedstock, processing approximately 480,000–560,000 kg of plastic waste per month to yield 250,000–350,000 kg of liquid hydrocarbon output (C8–C34). A fractional distillation (rectifier) unit then separates the output into four commercial product fractions: a low-sulfur wide fraction / mazut (CN 2710 19 99) for refineries, light heating oil (CN 2710 19 62), secondary fuel for cogeneration units (CN 2710 19 43), and technical gasoline / light fraction (CN 2710 12 90). All four products are EU-registered, excise-duty exempt, and meet EU nomenclature standards.

The company's revenue model is a B2B, sales-led, transaction-based business operating on the two sides of the value chain. On the input side, PWR purchases or charges fees for accepting polyolefin plastic waste from municipal waste management firms, sorting plants, and industrial manufacturers — currently targeting ~1,000 t/month of feedstock. On the output side, it sells the four fuel fractions to refineries, petrochemical processors, industrial heating operators, cogeneration plant operators, and chemical/solvent manufacturers via direct B2B contracts (multi-year supply or spot) with isotank/tanker delivery or customer collection. Pricing is not publicly disclosed and is negotiated per client, volume, and product fraction. PWR holds a 17,500 t/year plastic waste recycling permit (against current ~7,200 t/year throughput), a tax warehouse permit for mineral oils, and EU excise-duty exemption on output products, providing both regulatory moat and significant unused capacity headroom for growth.

Name

Plastic Waste Recycling

Legal name

PWR – Plastic Waste Recycling a.s.

Website

https://pwr.sk

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Plastic Waste Recycling (PWR) is a Slovak company that converts polyolefin plastic waste into four low-sulfur hydrocarbon fuel fractions using proprietary T-Technology® thermo-catalytic depolymerisation, selling to refineries, industrial heating operators, and cogeneration plants via B2B contracts.

Ownership category

akta.pro rank

Product category

Recycled Hydrocarbon Fuels

NAICS

Petrochemical Manufacturing (32511), Materials Recovery Facilities (562920)

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

Chemical/Advanced Recycling (Pyrolysis, Depolymerization, Solvolysis, Gasification) (EUAIAKAC)

akta.pro secondary industries

Plastic-to-Fuel/Oil & Feedstock Upgrading (Naphtha/Cracker Feed) (EUAIAKAL), Chemical/Advanced Plastics Recycling (Depolymerization, Pyrolysis, Solvolysis) (IMANAMAD)

Keywords

• Plastic waste recycling
• Alternative fuel production
• Polyolefin processing
• Hydrocarbon fuel manufacturing
• Waste-to-fuel conversion

Headquarters

HQ city

Bratislava

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Plastic Waste Procurement & Processing Fees: PWR purchases or charges fees for accepting polyolefin plastic waste (PE, PP) from municipalities, waste management companies, and industrial manufacturers. This is a procurement model — raw material is sourced rather than paid for — and the company earns revenue by converting it into higher-value fuel products.
2. Sale of Recycled Fuel Products: The company sells four main hydrocarbon product fractions produced from depolymerised plastic waste: low-sulfur mazut (wide fraction, CN code 2710 19 99), low-sulfur light heating oil (CN code 2710 19 62), low-sulfur secondary fuel for cogeneration units (CN code 2710 19 43), and technical gasoline / light fraction (CN code 2710 12 90). Products are sold to refineries, heating companies, and industrial combustion system operators. Products are classified as excise-duty exempt.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

PWR – Plastic Waste Recycling a.s. operates a proprietary T-Technology® thermokatalytic depolymerisation plant that converts polyolefin plastic waste (PE, PP, HDPE, LDPE) into four commercial hydrocarbon fuel fractions: low-sulfur mazut (wide fraction for refineries), low-sulfur light heating oil, low-sulfur secondary fuel for cogeneration units, and technical gasoline (light fraction). The company also procures and processes contaminated/mixed polyolefin waste from municipalities and waste management firms on a B2B contract basis.

Product overview

PWR – Plastic Waste Recycling a.s. is a Slovak energy company that operates a proprietary T-Technology® system for thermo-catalytic depolymerization of polyolefin plastic waste (PE, PP, HDPE, LDPE) into liquid hydrocarbon products. The company offers four main product categories derived from its recycling process: Nízkosírny MAZUT (Wide Fraction for Refineries) for petrochemical processing or industrial fuel use; Ľahký vykurovací olej (Light Heating Oil) for construction, agriculture, and services sector heating; Nízkosírne druhotné palivo (Secondary Fuel) for cogeneration units and engines; and Technický benzín (Technical Gasoline) as a light fraction for industrial use. The company also provides plastic waste collection and disposal services. The T-Technology® system enables processing of contaminated plastics and mixed polyolefins without requiring extensive pre-cleaning, converting waste into fuel products that are tax-exempt and classified under EU nomenclature codes.

Differentiator

Problem solved

Functional benefit

Brands

• T-Technology®: Proprietary therm-catalytic depolymerization system that processes plastic waste into liquid hydrocarbons through catalytic polymer degradation at temperatures of 420-490°C without air contact.

Products and services

• Nízkosírny MAZUT – Široká frakcia pre rafinérie (Low-sulfur Wide Fraction for Refineries) Low-sulfur wide-fraction hydrocarbon product (NK č.: 27 10 19 99, CAS: 68131-05-5) intended for further processing at refineries or use as substitute fuel in industrial combustion plants, power plants, blast furnaces, and cement works. Sold to petrochemical and refining industry customers.
• Ľahký vykurovací olej (Light Heating Oil) Low-sulfur light heating oil (NK č.: 27 10 19 62) — a flammable low-viscosity liquid with a calorific value of 42.83 MJ/kg, used for heating larger buildings in construction, agriculture, and service-sector combustion applications.
• Nízkosírne druhotné palivo do KGJ a iných motorov (Low-sulfur Secondary Fuel for Cogeneration Units) Low-sulfur secondary fuel (NK č.: 27 10 19 43, CAS: 64742-91-2) — a heavy catalytic fraction usable as fuel in engines for electricity production, heating, or for further refinery processing. Sold to industrial combustion and cogeneration operators.
• Technický benzín – Ľahká frakcia (Technical Gasoline – Light Fraction) Light catalytic fraction (NK č.: 27 10 12 90, CAS: 68476-46-0), also called cleaning gasoline, containing hydrocarbons C3-C11 from catalytic cracking processes. Sold as a raw material or diluent to chemical manufacturers and solvent producers.
• Likvidácia plastového odpadu PP, PE, HDPE, LDPE (Plastic Waste Recycling/Disposal Service) B2B service for collection, purchase, and catalytic depolymerisation processing of polyolefin plastic waste (PE, PP, HDPE, LDPE) into liquid hydrocarbon products. Offered to municipalities, waste sorting facilities, and industrial plastic-waste generators supplying approximately 1,000 tonnes of raw material per month.

Quantifiable outcome

• ~80% material conversion efficiency (100 t plastic waste → 80 t synthetic hydrocarbon oil)
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Plastic Energy: Global plastic-to-fuel company using thermal anaerobic pyrolysis to convert end-of-life plastic into feedstock oils for refineries — a directly comparable plastic-to-hydrocarbon pathway to PWR's depolymerization route.
• Agilyx: US/Norway-based chemical recycling company converting mixed plastic waste to crude oil and specialty chemicals via proprietary depolymerization — comparable technology platform and petrochemical customer base.
• Quantafuel: Norwegian plastic-to-fuel company using thermochemical depolymerization to convert polyolefin waste into synthetic fuels and naphtha — comparable technology and product slate to PWR.
• Recycling Technologies: UK-based company operating fluidized-bed pyrolysis to convert mixed plastic waste into Plaxx® hydrocarbon feedstock for petrochemical use — directly comparable in plastic-to-fuel chemistry and customer base.
• Mura Technology: UK-based advanced plastic recycling company operating proprietary depolymerization (Cat-HTR) technology that converts mixed plastic waste into hydrocarbon feedstocks — directly comparable to PWR's T-Technology depolymerization process and product outputs.

Emerging players

• Renewlogy: US-based plastic pyrolysis company converting mixed polyolefin and polystyrene waste into naphtha-range hydrocarbons — comparable technology and feedstock profile to PWR at smaller commercial scale.
• APK AG: German company using solvent-based Newcycling® process to produce recycled polyolefins from mixed plastic waste — adjacent chemical-recycling approach serving similar petrochemical customers as PWR.
• Resynergi: California-based company using microwave-assisted depolymerization to convert mixed plastic waste into fuels and monomers — directly comparable depolymerization chemistry and feedstock focus to PWR.

Broad incumbents

• BASF: Global chemical giant operating the ChemCycling program using pyrolysis-oil from plastic waste as feedstock for virgin-equivalent plastics — a broad incumbent competitor in chemical/advanced plastic recycling that competes with PWR for the same refiner/petrochem customer base.
• Eastman Chemical: Large US chemical company operating methanolysis-based polyester recycling and producing virgin-grade recycled polymers — comparable advanced-recycling technology and serves same downstream petrochemical markets as PWR.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/pwr.sk
• LinkedInlinkedin.com/company/pwr---plastic-waste-recycling-a-s-

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Plastic Waste Recycling