Upcycling of End of Life Plastics
Lauren Versagli, Corporate Development USA, Plastic Energy
Today, less than 14% of plastics that we use are recycled, and more than 8 million tonnes of plastics are leaking into our environment each year. Plastic Energy provides a solution to this problem, and is paving the way as one of the world leaders in advanced recycling end-of-life plastics. Plastic Energy uses its patented thermal anaerobic conversion technology to transform plastic waste that is difficult or unable to be mechanically recycled. Recycled oil from its process (called TACOIL) is used as a replacement for fossil oil, in the production of virgin-quality food-grade plastics, contributing to the circular economy. With two industrial recycling plants currently in operation in Spain, Plastic Energy has also developed key value-chain partnerships in Europe, Southeast Asia, and the USA. Plastic Energy has moved beyond the proof-of-concept stage to the commercialization of food-grade packaging made from its TACOIL.
Lauren is responsible for corporate development at Plastic Energy with a focus on North America.
She brings a strong background from the chemical industry and a track record of success in building teams and delivering collaborative solutions. Her core responsibilities include defining the company’s strategy and developing partnerships across the value chain that result in circular projects for plastic waste. Prior to joining Plastic Energy, Lauren worked at Hach as a global business unit manager and for more than 10 years at the Dow Chemical Company in the US and Europe. She received her MBA from IMD in Switzerland and her BS in Mechanical Engineering from Penn State University in the USA.