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Refinity, intelligent recycling, infinite possibility. Refinity company logo.
A company by Innventure
Listed 10.3.24 Nasdaq: INV
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Refinity, intelligent recycling, infinite possibility.

Refinity Mission

Our mission is to build a new circular economy where plastic waste is widely transformed into a globally valued resource.

To make a meaningful difference, we have to think differently about waste. We have to build a different kind of business. Our long-term vision is to transform a wide spectrum of waste, starting with plastic, into a broad range of drop-in raw materials.

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Explore Technology

9%

Shockingly, today only 9% of produced plastic is recycled, with most ending up in landfills or as litter.

240M

Tons/year of plastic waste is landfilled or incinerated.

80%

The percentage of global naphtha demand that we believe could be replaced with Refinity technology.

Dow company logo
Dow is committed to transforming plastic waste into circular solutions that result in high-quality resins demanded by our customers while helping to accelerate a circular economy. We are excited to work with Refinity on waste-to-value which can be combined with Dow’s efforts to Decarbonize and Grow and its Path2Zero journey.
A headshot of David Parrillo.

David Parrillo
Vice President for Research & Development, Dow
Packaging & Specialty Plastics and Hydrocarbons

Refinity Technology

We are transforming feel-good to real good

With only a few exceptions, the process involved in recycling plastic waste has made economic viability simply unattainable... until now. At Refinity, we plan to commercialize our proprietary DuoZone™ reactor platform, which converts minimally sorted mixed plastic waste into drop-in raw material feedstocks. The DuoZone™ design allows flexible handling of solid plastic waste and precise control of reaction conditions, at yield levels expected to enable broad economic viability, global scalability, and true circularity.

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Technology Overview

We have access to patented Fluidized Bed Process Technology that converts mixed plastic waste to hydrocarbon liquids and gases depending on the operating conditions selected. The process is proven at bench and pilot scales and operates at moderate temperatures and very short residence times. Waste plastics are uniformly and rapidly heated, allowing high yield of plastic waste to desired drop-in chemical products.

Fluidized Bed Technology
Enables Key Differentiation

Enables very fast and efficient heat transfer, minimizing undesired byproducts such as char and leading to yields higher than slow pyrolysis processes.

Regularly deployed at global scale across the refining and petrochemical industries, so we believe scale-up risk is low.

Can use minimally sorted and minimally processed mixed plastic waste, allowing us to access lower cost, widely available wastes, that we believe other recyclers can’t use today.

Can be tuned to produce different drop-in chemical products, ranging from waxes to sustainable naphtha to light olefins, so we have the flexibility to adjust to market needs and integrate with established petrochemical infrastructure.

Positive Economics
with Global Scale

A graphic showing high yield technology and lower cost mixed plastic waste equals dollar sign plus an icon of the earth.

We believe that the combination of high yield technology that converts low-cost mixed plastic waste that others can't use will enable positive economics to support global deployment of a scalable business.

Current Openings

Careers

Refinity offers competitive salaries and benefits: health, dental, and vision insurance, plus 401k matching and more.

Featured news

Refinity Selects Zeton to Design and Build Modular Plastic-to-Olefins Plant to Serve as a Repeatable Model for Commercial Deployment

An airplane getting refueled on the tarmac.

Refinity Secures Exclusive License to PNNL Catalyst Technology to Convert Olefins into Circular Hydrocarbon Liquids for SAF Production

Refinity Validates Breakthrough Waste Conversion Technology, Advancing Toward Commercial Demonstration

Refinity, Innventure’s Newest Company, Acquires Exclusive Rights to Novel Technology for Advanced Recycling of Mixed Plastic Waste from VTT Technical Research Centre of Finland

Dow and Innventure to Collaborate on Waste-to-Value Platform

Our Team

Stewards of Innovation

Adam Javan

Chief Operating Officer

Adam is a seasoned executive with over 25 years of running businesses at blue-chip companies as well as startups. Prior to Innventure, Adam joined Benson Hill, a food-tech company, pre-series C in 2018 as Chief Strategy Officer. Adam led the evolution, strategy, and business development to a successful commercialization event in 2021.  Adam brings exceptional analytical, strategic, and creative thinking combined with a keen sense of pragmatism to identify techno-economically viable opportunities in complex market dynamics. Adam has an MBA from the University of Michigan’s Ross School of Business and a Master’s degree in Chemical Engineering from the Royal Institute of Technology, Stockholm, Sweden.

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Ignasi Palou-Rivera

Chief Technology Officer

Ignasi is a leader in technology development and commercialization with over 25 years' experience in process development and scale-up, and techno-economic and sustainability assessment of new technologies in the chemicals and fuels industries. Prior to joining Refinity, Ignasi was the Executive Director and CTO of the RAPID Manufacturing Institute®, where he led the institute's successful funding renewal with a new focus on process technologies for sustainability and circularity in the process industries. Ignasi also teaches at the Illinois Institute of Technology in Chicago as an Adjunct Professor. He has a PhD in Chemical Engineering from the University of Wisconsin-Madison and an Engineer's degree from the Universitat Politècnica de Catalunya (Barcelona Tech).

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Ellie Kim

Senior Director of Analysis & Strategy

Ellie serves as Senior Director, Analysis & Strategy at Refinity. Ellie has demonstrated success in various industries, including pharmaceuticals, e-commerce, industrials, and finance. Prior to Refinity, Ellie led strategic sales and financial initiatives at a startup pharmaceutical company. Her other prior experiences include spearheading operations and expansion efforts for a Chicago-based industrial e-commerce company and evaluating and executing deals with various multinational corporations during her time in banking. She earned her MBA from Northwestern University and her B.A. in Economics from Boston College.

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Join us in the future of plastics recycling.
Join us in thinking beyond waste.

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Refinity, intelligent recycling, infinite possibility. Refinity, intelligent recycling, infinite possibility.
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