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Mura Technology Limited

Clean Technology

Mura Technology Stock

Mura Technology specializes in advanced plastic recycling through its innovative Hydro-PRT process, which uses supercritical water to convert waste plastics into fossil-equivalent feedstocks. This technology supports the creation of a circular economy by enabling the production of new plastics from recycled materials. Mura's global expansion includes sites in the UK, USA, Europe, and Southeast Asia, along with licensing agreements to further scale its operations.

Founded: 2019

Mura Technology Website

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Mura Technology Company Overview

Mura Technology, headquartered in London, UK, is revolutionizing plastic recycling with its proprietary Hydro-PRT process. This advanced recycling technology utilizes supercritical water to decompose various plastic waste, including mixed and contaminated types, into its basic hydrocarbons. These hydrocarbons can then be reused to produce new plastics, promoting a circular economy by transforming waste into valuable resources. This method provides a sustainable alternative to traditional plastic disposal, significantly reducing environmental impact by minimizing waste in landfills and oceans. Mura is expanding its global footprint with projects in the UK, USA, Europe, and Southeast Asia. The company has established crucial industrial partnerships, notably with KBR, which aids in licensing and engineering support to scale the Hydro-PRT technology. These collaborations are vital in meeting the increasing global demand for effective recycling solutions. The Hydro-PRT process is distinct for its ability to handle diverse plastic waste streams, converting them into raw materials that can be reintroduced into the manufacturing cycle. This innovation supports the creation of a sustainable, circular economy by enabling the continuous reuse of plastics. Mura's commitment to sustainability and innovation is evident in its ambitious goal to achieve an annual recycling capacity of 1.5 million tonnes by 2032. Mura's strategic partnerships and continuous technological advancements position it as a leader in the advanced recycling sector. The company's mission to address plastic waste challenges is reflected in its efforts to develop and implement effective recycling technologies on a global scale. Through its pioneering Hydro-PRT process and collaborative approach, Mura Technology is making significant strides in transforming the management and recycling of plastic waste, contributing to a more sustainable future.

Management Team

Dr. Steve Mahon Chief Executive Officer
Richard Daley Chief Technology Officer
Greg Friedman Chief Financial Officer
Jo-Annie Illman Chief Product Officer

Funding Information