We are proud to have been selected by Barclays for its Backing the UK campaign, which promotes high growth and tech-forward UK businesses, solving some of the world’s most pressing problems.
As part of Backing the UK and to showcase our innovative plastics recycling technology, 25 special bins were installed in Hyde Park, home to Barclays presents British Summer Time Festival, to collect ‘previously unrecyclable’ plastic wastes from festival-goers in the park.
Our employees were out in the park talking to visitors and explaining our technology. There is enormous enthusiasm from people for recycling all their plastics wastes, at home and on-the-go. The beauty of our solution is that it helps the public recycle many more plastics, saving it from ending up in landfill, being incinerated or exported overseas; it is also designed to show there are solutions to recover this important material.
We are delighted that Barclays recognized our ground-breaking technology as a high-growth potential for the UK and worldwide. Our technology can be easily scaled to enable local authorities, companies and people to solve this pressing environmental challenge. Our goal is to more than double the UK’s current capacity to recycle plastic waste by 2027.