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Alkemy has developed an innovative plastic recycling process for recycling plastic bags and sheets that were previously considered economically unviable for recycling, making them some of the most abundant plastic pollutants in the world.
Alkemy employs a dynamic one-step process that does not require separate recycling and production plants. The company’s process includes both recycling and finished product manufacturing in a single process called “waste-to-product.” This process enables Alkemy to reduce the cost of the recycled plastic as raw materials and to increase the profit margin per metric ton.
Alkemy was developed by K.B. Recycling Industries Ltd and is mutually owned by Sullam Holdings Ltd and Tedea Ltd.