Warwickshire firm Recycling Technologies has signed an equity financing deal with Midlands –based Wroxall Investors Group (WIG) to further develop its plastic recycling technologies.

Recycling Technologies was formed to commercialise a process developed at the University of Warwick that is claimed to transform Mixed Plastic Waste [MPW] into heat and electricity. The company was spun out in 2011, with assistance from Warwick Ventures, the University’s research commercialisation arm.

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