Clean Vision Corporation (OTCQB:CLNV) CEO Dan Bates joined Proactive to discuss the Los Angeles, California-based company's binding term sheet signed with Istanbul, Turkey-based Pax Petroklmya Sanayi Ve Dis Ticaret Limited, Sirketi, also known as Pax Petrochem.
Bates says the two entities will join together to build a commercial-scale waste plastic-to-energy plant using pyrolysis technology, which uses heat and pressure to break down plastic to convert into hydrogen.