Recycling Technologies agrees contracts worth over £65M to fight the war on plastic waste

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Swindon, UK, 21st May 2018 – Recycling Technologies, a business specialising in the chemical recycling of mixed plastic waste, today announces a major strategic business alliance with InterChem worth over £50m and the forward sale of its wax output worth £15M to Kerax Limited. The relationship with InterChem includes an equity investment of £1m (announced in April 2018) and the …

Recycling Technologies targets Benelux for its revolutionary closed-loop chemical plastics recycling machine

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Recycling Technologies exhibiting at PRS Europe, Amsterdam (stand F10), to collaborate with the waste and petrochemical sectors to boost the circular economy for plastics. Amsterdam, PRSE 23rd April – Recycling Technologies is actively seeking six sites in the Benelux for its innovative, modular RT7000 machine which chemically converts mixed plastic wastes back to an oil called Plaxx®. UK-based Recycling Technologies’ …

Recycling Technologies raises £3.7m of equity investment from crowdfunding, angel investors and strategic investors

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Swindon, 20 March 2018 – Today, Recycling Technologies, a specialist in the chemical recycling of mixed plastic waste, announced it closed its fund raising on Crowdcube on 7th March 2018. It was oversubscribed by more than 300%, reaching its cap of £3.7m in just over two weeks after opening to investors on Crowdcube for a target raise of £1.2m. Recycling Technologies began …

Recycling Technologies announces a £1 million equity investment from InterChem

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Swindon, 6 March 2018 – Today, Recycling Technologies, a specialist in the chemical recycling of mixed plastic waste, announces a major strategic £1m equity investment from global energy trader, InterChem. Recycling Technologies began a fund raising on the crowdfunding platform, Crowdcube, on February 16th 2018 . This fund raising has attracted considerable support from over 1,400 investors. InterChem’s investment, on the same …

Recycling Technologies Appoints Two New Non-Executive Directors

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Swindon, 27 February 2018 – Recycling Technologies Ltd, specialists in the chemical recycling of plastics, today announced two new additions to its leadership board. Nicola Frayne, Chief People Officer at Bill’s Restaurants and Stephen Hodges, Director at Haggai Project Services Ltd, both join as non-executive board directors, effective immediately. Nicola brings with her a wealth of human resources experience and …

Join A Scalable Solution to The World’s Plastic Waste Problem

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Recycling Technologies’ crowdfunding campaign already exceeds £1.3m. Swindon, 19th February 2018 – Just 10% of plastic that is produced globally is recycled, the rest ends up in landfills, is incinerated or lost in the environment, including our oceans. With demand for plastics growing exponentially, there is a pressing need to rapidly increase plastic recycling capability. Swindon based Recycling Technologies has …

Recycling Technologies Appoints Commercial Operations Director to the Executive Board

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Swindon, 19 December 2018 – Recycling Technologies is pleased to announce today that Ravish Jain has been appointed Commercial Operations Director and has joined the Executive Board. Ravish Jain’s promotion to the board comes at a time when this plastic chemical recycling specialist prepares to expand operations and commence development work for the company’s first commercial plant in 2018. Ravish …

Recycling Technologies Showcases Its Chemical Recycling Process at INNOVATE 2017

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Seeking investment to enter growth phase Swindon, 7th November 2017 – Swindon-based Recycling Technologies has been invited by BEIS UK, as a recipient of the Energy Entrepreneurs Fund, to exhibit at INNOVATE 2017, Birmingham. Innovate 2017 is a leading UK innovation exhibition which showcases the most cutting edge advances from businesses across the country. Recycling Technologies recycles the ‘unrecyclable’ and …

After closing its latest funding in record time, Recycling Technologies is now on the hunt for new sites

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Recycling Technologies is keen to meet up with waste companies and suppliers on stand 4H33 at the RWM Exhibition Swindon, 6th September 2017 – Recycling Technologies today announced that it has closed a recent funding round in record time raising £5 million and the company is now actively on the lookout for further sites for its breakthrough chemical recycling machine …

Recycling Technologies Appoints New Chairman and Investor Director

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Swindon, 1st February 2017 – Recycling Technologies today announced new changes to its leadership board following a recent shareholder meeting. Howard Lack joins as the new Chairman bringing leadership experience within the commercial and finance sectors. Also joining the board is Geoffrey Phillips as Investor Director. Geoffrey has extensive experience in the oil, gas and marine sectors and has previously …