The REMADE Institute has launched a request for proposals (RFP) to invest up to $35mn in research and development of technologies that can help metals, fibers, and plastics manufacturers in the recycling, reuse, and recovery of materials.
The institute indicated that the funding will be matched by project participants, for a total investment of up to $70mn. Plastic recycling will be a key focus area REMADE noted in a statement.
Speaking on the new initiative, Nabil Nasr, chief executive officer at REMADE said, “With the challenges facing the industry today, it is increasingly important to improve US manufacturing competitiveness. Our partnership of 100 industry, national laboratory, and academic innovators are working together to reduce the energy and environmental burden of domestic manufacturing while delivering value to the industry, the economy, and the environment.”
Since it began operations in 2017, REMADE has invested $20mn in various recycling and material recovery projects.
Click here for more details on the RFP and on REMADE’s projects.