Origenne commercializes best-in-class plastics-to-fuel technologies that can be scaled to produce tremendous environmental and economic value. We intend to contribute to the displacement of fossil fuels in select markets, and in doing so, mitigate environmental pollution and significant amounts of CO2 emissions, and other potentially hazardous chemical pollutants.
Origenne Corp. commercializes best-in-class plastics-to-fuel technologies that can be scaled to produce tremendous environmental and economic value. We intend to contribute to the displacement of fossil fuels in select markets, and in doing so, mitigate environmental pollution and significant amounts of CO2 emissions, and other potentially hazardous chemical pollutants. Our value proposition extends beyond our direct investors to citizens worldwide, as global stakeholders.
Refining liquid hydrocarbons (crude oil) into diesel, gasoline, and fuel oils was commercially scaled decades ago. Unfortunately, refineries are technologically limited to accepting only a very narrow range of liquid hydrocarbons with specific properties and minimal contaminates. Unrecyclable, hydrocarbon-based waste is a significant environmental problem increasing every year. According to the Environmental Protection Agency, over 92% of waste plastic is unrecycled. With a growth rate of approximately 8% per year, a critical need for a viable and environmentally sound, general-purpose hydrocarbon-based recycling process exists. Hydrocarbon streams that fall outside of accepted refinery standards have traditionally been landfilled or melted into low-value products.
According to Closed Loop Partners, there is an existing $120 billion addressable market in the U.S. and Canada for plastics and petrochemicals that could be met, in part, by recovering waste plastics.
- In the U.S. and Canada, current recycling infrastructure recovers less than 10% of post-consumer plastics and today’s supply of recycled plastics meets only about 6% of real demand;
- If current trends continue, global demand for plastics is forecast to triple by 2050; and
- There may be more plastics in the oceans than fish at the same time.
Plastic-to-fuel projects are gaining traction in the energy industry, with rising awareness of the prolific environmental damage caused by single-use plastics and people’s insufficient recycling habits leading researchers to turn to alternative disposal methods mounting plastic output. These projects use the chemical energy stored in the material’s hydrocarbon structure to create fuel.
A majority of the plastics used never recover: globally, almost 90% of plastic waste ends up in a landfill, incinerator, or, worse, in our oceans. With global plastics demand forecasted to triple by 2050, there is a tremendous missed opportunity – in economic and environmental value – to turn this plastic into the building blocks for new materials, instead of more poorly managed waste.
– Closed Loop Partners
 2010 Facts and Figures Report.
There are essentially two ways to convert plastic into oil products. The first, thermal depolymerization or pyrolysis, involves the breaking of the polymer chains by heating to moderate temperatures (ca. 400–600°C). Rather than breaking the polymer down to its original monomers, this process tends to make a range of shorter chain compounds, similar in many ways to the mixtures of hydrocarbons found in crude oil and oil products. A catalyst is sometimes used to reduce the operating temperature, but it may also control the quality of the oil product produced.
|Plastics Pyrolysis Suppliers|
|Agilyx||Anhui Orsun Environmental Technologies||Blest|
|Climax Global Energy||Cynar plc||Dynamotive|
|Envion||GreenMantra Recycling Technology||Klean Industries|
|Niutech Energy||Plastic Advanced Recycling||Plastic2Oil|
The second process, gasification, involves much higher temperatures (900–1,100°C) and breaks the polymer chains completely, converting them into carbon monoxide, carbon dioxide, water and hydrogen. In order to convert these simple molecules into short chains suitable for use as oil products, a further chemical reaction or synthesis is required, effectively ‘sticking’ the carbon atoms back together. This is a more energy intense process than pyrolysis, tending to result in a lower overall yield, but does have the advantage of making ‘cleaner’ synthetic oil products.
Both the recycling and energy sectors are characterized by rapid technological change. Our future success will depend on our ability to achieve and maintain a competitive position.
More than 40 technology providers are operating pilot and commercial scale plants in the U.S. and Canada today, or have plans to do so in the next two years. The scale of operations may still be very small (and highly distributed) relative to existing petrochemical infrastructure, but the potential to scale is real.
Today, the business case is stronger for providers producing petrochemicals and fuels, with consistently positive margins, ranging from 60-70%.
The plastics to energy market is relatively nascent but is already highly competitive. We anticipate competition will only grow more intense in the future. Amongst emerging plastics-to-energy companies, we compete against Agilyx, Anhui Oursun Resource Technology, Blest, Climax Global Energy, Ecofuel Technologies, Enval, Fulcrum Bioenergy, Global Electric Electronic Processing, Golden Renewable Energy, Green EnviroTech, Klean, New Hope Energy, Nexus Fuels, Plastic Energy, Plastics2Fuel, Plastic2Oil, PK Clean, Polcycle, Renewlogy, Res Polyflow, Resynergi and Vadxx.
Each of these companies has developed alternative methods for obtaining and generating fuel from plastics. In addition, we face competition from the broader petroleum industry.
We believe that our competitive strengths are as follows:
- Proven technology, no R&D learning curves to convert waste plastics into fuel for use by end-user customers. Ability to accept a wide variety of waste streams at substantially lower costs compared to traditional disposal sites.
- Addresses problem of disposing waste plastic. We are an alternative to disposal of waste plastic into landfills. In the US and Canada, a substantial amount of plastic is considered waste and disposed in landfills. Tipping fees and waste disposal fees are common. We think the current low landfill diversion rates for waste plastic and transport / disposal costs of bulk plastic is a compelling alternative to conventional recycling and waste disposal.
- Low cost of production and highly efficient means of converting plastic into fuel. Origenne’s extremely low cost of production or “COGS” allows the user to operate and produce a renewable diesel at a low cost and high production rate, achieving a rapid return on capital.”
- Environmentally friendly. The end product Renewable Diesel is an ultra-low sulfur distillate and clean emission product that burns clean.
- Identify core sales channels (transportation fuel takers).
- Establish strategic partnerships and channel distribution.
- Win on price. Unlike conventional producers and refiners, we do not have to drill for our feedstock, which enables us to avoid capital expenditure-related strategies that determine when it is economically rational to operate or not, and our production costs per barrel of low-sulfur diesel are below $5.00.
Governance DocumentsOrigenne - 2020 - Corporate Governance - Charter and Corporate Governance Guidelines
Silas J. Allan
Co-Founder & CEO
Silas J. Allan – is an international businessman and serial entrepreneur who has focused mainly on renewable energy solutions. He has extensive experience in business development, management, and funding facilitation. Silas has provided creative and alternative funding and business structures through his various entities. His professional skills include strategic planning and project management. He brings excellence and integrity to the initiation, expansion and maintenance of business, financial and political relationships globally. His international business experience, networking and language skills have provided the foundations for government and corporate-level financial structuring and business solutions around the world.
Silas is the founder of a company that is developing a world wide solution to plastic waste by converting plastic waste into clean renewable fuels and gasolines without releasing carbon dioxide (CO2) emissions into the atmosphere.
We are a development stage company and as such, have not accrued material operating expense, nor generated any revenue to date. We are committed to best practices in shareholder transparency and will make our financial statements available to our existing shareholders, and qualified prospective investors, on request.
Annual ResultsComing Soon.
Thank you for your interest in Origenne. Please fill out the below fields, as you see fit, and someone will respond promptly.