Mura Technology , a joint venture ( JV ) between the UK ’s Armstrong Energy and Australia ’s Licella Holdings , is to build a $ 40 million plastic recycling plant in Timor - Leste . The facility will help the country become the world 's first plastic - neutral economy . Surplus cash proceeds will then be used help finance community projects. The plant will use a Catalytic Steam Reactor ( C - HTR ) invented by University of Sydney Professor Thomas Maschmeyer , who founded Licella to market his invention . It uses high - temperature water under high pressure to recycle waste plastic back into oil . The JV will partner with plastic waste processing not - for - profit organisation RESPECT . Timor - Timor generates about 70 mt of plastic per day .
Mura Technology , a joint venture ( JV ) between the UK ’s Armstrong Energy and Australia ’s Licella Holdings , is to build a $ 40 million plastic recycling plant in Timor - Leste . The facility will help the country become the world 's first plastic - neutral economy . The plant will use a Catalytic Steam Reactor ( C - HTR ) invented by University of Sydney Professor Thomas Maschmeyer , who founded Licella to market his invention . It uses high - temperature water under high pressure to recycle waste plastic back into oil . The JV will partner with plastic waste processing not - for - profit organisation RESPECT . Timor - Timor generates about 70 mt of plastic per day .