Australian company Licella says it has created a system that can recycle all types of plastic, even items with neoprene and bits of wood in them. At present just 10 per cent of plastic is recycled in Australia.
The company is using hot water to turn the chemical compounds in plastic back into oil. It's been so successful it's about to open its first commercial recycling plant in the UK.
Professor Thomas Maschmeyer of the University of Sydney invented the technique with Lincella chief executive, Len Humphreys.