Umincorp Revenue and Competitors

Waste generation is exceeding population growth. We as Umincorp (Urban MINing CORPoration) believe this ever growing flow should be used as a rich mine. It's our aim to convert waste into a source of valuable raw materials. With our innovative technique we create economic circularity of plastics by turning plastic waste into high quality polymers. In 2016, the world generated 242 million tons of plastic waste, 12 percent of all municipal solid waste. Compared to conventional mining, urban mining saves energy, reduces CO2 emissions, decreases the impact of rising resource prices and avoids many negative environmental impacts. Plastics have many benefits: it's cheap, versatile and lightweight. It is an important material in our daily life. Good substitutes with alike characteristics aren't easy to find. A proper plastic waste management is necessary to preserve nature, keep the public opinion satisfied and to fulfil the request for plastics. The challenge with the recycling of plastic waste is to come to a real ‘new' raw material. The current conventional mechanical recycling techniques come to a medium quality product and unfortunately only for about half of the flow. ( The other part is still waste). With our separation installation we can come to a 99% pure product and for 85% of the flow. So we recover more products out of the waste stream and our products are almost the same as virgin. Only 33% less expensive and with a much lower CO2 footprint. The past seven years we've developed our innovative technique: Magnetic Density Separation (MDS). This technology separates materials based on their density. It's unique as it can separate a mixed stream into at least four different output materials, in just one single proces step. We sell this solution to waste owners and private and public companies.