An Ann Arbor, Michigan-based company focused on turning pollution into profitable by-products is planning a $ 60 million plant in Livonia, Michigan. This would create 150 full-time jobs.

Quad City Innovations LLC received approval on September 24 from the Michigan Strategic Fund board for $ 60 million in private activity bond financing to fund the project.

Under the subsidiary QCI Fuels – MI Plant 1 LLC, the company intends to build a plant in the Detroit suburbs. This plant is capable of processing more than 100,000 tons of plastic waste annually, according to a Michigan Economic Development Corp. memo to MSF. Six processing systems, powered by proprietary QCI-PCF technology, would be designed and installed at the plant.

Work on the facility is expected to begin in December and be completed in December 2021. The company purchased the Livonia building and installed a processing system.

The systems “re-extract the valuable molecules from all plastic waste streams … for recirculation to manufacturing, transportation and many other industries,” the document says. The company’s goal is to reverse plastic pollution in landfills and waterways while capturing valuable hydrocarbon molecules.

The plant currently has two employees. QCI employs 23 administrative employees, scientists and engineers. The company was created in 2009 by Dean Rose and Chris Cuvar, according to their website.

QCI is the umbrella for three companies, QCI-TCF, QCI-PCF and QCI-MSW, that turn solid waste, plastic waste and scrap tires into valuable by-products with virtually clean emissions, its website says.

The state bond issuance fee for the project is expected to be $ 87,500. Minneapolis-based financial services firm Piper Jaffray & Co. has “expressed interest in providing underwriting services” for the bond issue, according to the MEDC memo.

The company has not yet responded to requests for more information.