Nanotech 2010

Natural State Research, Inc.

Location:CT, US
Speaker:Moinuddin Sarker, PhD, MCIC
Title:Vice President and Chief Operating Officer
Primary Industry:Other Alternative Energy
Executive Summary:Natural State Research, Inc. has developed an innovative and unique technology for producing alternative hydrocarbon liquid fuel from almost all types of waste plastics. The technology is environmentally friendly and produced fuel burns more efficiently and cleaner. The current world economy has created a dependence on fossil fuels. While new and more exotic energy sources such as hydrogen and others are explored, the economy is still expected to be dependent on some form of hydrocarbon fuels for some time in the future. NSR’s unique technology of producing liquid hydrocarbon from municipal waste plastics solves two problems in one stroke; it cleans the environment from plastic pollution and produces high energy content of liquid hydrocarbon, directly substituting the fossil fuels. NSR’s estimated that the technology can reduce foreign fossil fuel dependence by as much as 6%. Based on the available statistics the US alone generates 10.2.million tons of waste plastics, of which a mere 2% of the plastics is recycled. When multiple fuel generating plants become fully operational and assuming 100% of waste plastics are recycled using this technology, it can produce a staggering 2.5 billion gallons of fuel per year. This represents a $10 Billion industry in the US alone.
Venture is:Seed Level

 
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