Opendata, web and dolomites


Taking SynOil to the market: Synthetic oil (SynOil) from plastic waste with the molten zinc reactor

Total Cost €


EC-Contrib. €






 SynOil project word cloud

Explore the words cloud of the SynOil project. It provides you a very rough idea of what is the project "SynOil" about.

municipals    world    founded    plastic    plants    regulatory    ltd    zinc    opportunity    global    25    incl    owns    chinese    presenting    throughput    recyclable    printed    sending    market    special    million    incineration    strategy    producers    irr    treatment    classifies    patent    export    requirement    proposition    requiring    wastes    size    depending    plastics    excellent    waste    followed    circuit    commercialization    treat    crl    hence    hazardous    options    molten    composite    industrial    demonstrator    commercialize    solution    back    boards    ban    shift    local    fastest    commercial    pieces    synthetic    reducing    lack    returns    reversal    pressure    2017    oil    financial    turn    demonstration    named    landfill    diesel    dealing    worldwide    plant    heat    recycling    delivers    import    business    operator    tyre    2012    stage    synoil    company    recyclers    model    japan    pillar    2019    mainly    transfer    summary    pcbs    licence    signed    dec    innovation    figure    canada    profitable    burden   

Project "SynOil" data sheet

The following table provides information about the project.


Organization address
city: CORK
postcode: T12 Y275
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Ireland [IE]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-11-01   to  2020-04-30


Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    COMPOSITE RECYCLING LIMITED IE (CORK) coordinator 50˙000.00


 Project objective

In Europe, the US and elsewhere, many municipals are sending more plastic waste to landfill or incineration for lack of other options. This reversal is due to the Dec. 2017 Chinese import ban on plastic waste. Moreover, the regulatory pressure on plastic recycling is increasing: in May 2019 the EU and most other states signed an agreement, which classifies plastic waste as hazardous, greatly reducing the capabilities of EU member states to export plastic waste to the third world and, hence, requiring treatment within the EU. In summary, the burden of dealing with plastic waste will shift back to Europe, the US, Canada and Japan presenting a large, global business opportunity for Composite Recycling Ltd (CRL).

Product & value proposition: CRL owns the patent to turn plastics waste into synthetic oil by treatment with molten zinc. This innovation named SynOil delivers highly profitable plastic waste incl. non-recyclable plastics to synthetic oil plants as SynOil is the fastest possible solution to treat plastic wastes due to heat transfer.

Target-users of SynOil are plastic waste recyclers, municipals and industrial plastic waste producers worldwide.

Market size: Worldwide about 100 SynOil plants are required. The financial returns for an operator are excellent with IRR’s over 25%depending mainly on throughput, but also local market conditions and other factors.

The next step in the SynOil project is the demonstrator scale unit – followed by commercialization. The funding requirement for the demonstration stage is between €1.5 and 8.0 million. The higher figure of €8.0 million is for the special case of a commercial plant for large plastic pieces.

Company: CRL was founded in 2012 to commercialize our waste tyre and printed circuit boards (PCBs) recycling processes. SynOil – waste plastic to oil or diesel – is yet another pillar in our growth strategy.

Business model & commercialization: CRL will use the licence and design business model to commercialize SynOil.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "SYNOIL" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email ( and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "SYNOIL" are provided by the European Opendata Portal: CORDIS opendata.

More projects from the same programme (H2020-EU.3.;H2020-EU.2.3.;H2020-EU.2.1.)

MCBD (2019)


Read More  

SQP (2019)

Opening new markets for Single Quantum Photodetectors

Read More  

ALICE (2019)

Armored Liftable anti-Intrusion Control Equipment

Read More