Recycling firm secures cash from the crowd

Insider Media News Centre

A South West-based recycling company has secured a cash injection of more than £2.2m from a crowdfunding campaign to help roll-out a machine for turning plastics back into oils.

Recycling Technologies initally pitched for £1.2m on Crowdcube but has since secured 185 per cent of its target.

The business is currently running a beta plant at Swindon Town Council’s recycling plant, with the first installation of a fully working RT7000 appliance agreed.

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