ECO2 Plastics, Inc. (ECO2) has developed a process, referred to as the ECO2 Environmental System. The ECO2 Environmental System cleans post-consumer plastics, without the use of water, within a closed-loop system (the Process). This Process is both patented and patent pending, and is licensed from Honeywell FM&T (Honeywell) and the Department of Energy (DOE) on an exclusive basis for the life of the patent. ECO2 has invested in the development of the technology and equipment comprising the Eco 2 Environmental System. This included building scaled up versions of the Prototype ECO2 Environmental System (the Prototype), testing of the Prototypes, building a pilot plant, evaluating the product produced by the Prototype and real-time testing. The Company’s first full scale production facility was constructed in Riverbank, California and is producing saleable product and ramping up to full scale operations.
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