Ichthion | Effective strategies to increase circularity in cities based on data

AWARD-WINNING TECHNOLOGIES AND SOLUTIONS TO DECREASE PLASTIC POLLUTION IN OUR OCEANS

EFFECTIVE STRATEGIES TO INCREASE CIRCULARITY IN CITIES BASED ON DATA

The Problem

Humans have produced approximately 8.3 billion tonnes of plastic to date, though only 9% of this has been recycled. Through this voracious appetite for plastic and the resulting uncontrolled waste streams, an estimated 150 million tonnes of plastic have contaminated ocean ecosystems, with a further 12 million entering the marine environment per year.

In a nutshell, plastic pollution is the result of a linear economy, a global production model designed to produce, consume, and dispose, as if resources were unlimited.

Our solutions

Ichthion, a multi-award-winning company born out of the laboratories of Imperial College London, seeks to overcome the limitations of existing technologies by delivering the first truly scalable solutions to reduce the flow of plastics into the world’s oceans, proposing energy-generative systems that uniquely can installed in rivers, coastal areas and the oceans to remove plastic waste and generate data

Over the last two years, Ichthion has filed several international PCT applications related to the Azure, Cobalt and Ultramarine technology propositions.

The market

MODEL AZURE

Served Available Market (SAM) at 95% for our model Azure, based on conservative calculations of plastic mass input of the most polluted rivers, and the potential cost of plastic upcycled after recovery.

RECYCLING PLANTS

Our technologies will enable the installation of recycling plants in developing economies, where now, it is not financially viable. The return of investment (ROI) of the installation and operation of Azure technologies and recycling plants is 3 years.

With the support of: