New company pioneers fuel from mixed plastic waste

Published: January 30, 2013 12:32 pm ET
Updated: January 30, 2013 12:33 pm ET

Related to this story

Topics Product News
Companies & Associations

Recycling Technologies Ltd., formed in England out of a process developed at the University of Warwick to transform mixed plastic waste into heat and energy, has completed an equity finance deal with the Wroxall Investors Group, an angel investor in Midlands.

The university spun off Recycling Technologies in 2011.

Martin Lusby, one of the investors, will become chairman of the board.

Terms of the deal were not disclosed.

Adrian Griffiths, Recycling Technologies' managing director, said: "We are really pleased with this deal. It not only secures the funding we need at this stage of our growth, but simultaneously has expanded the experience that we can draw on as we develop the business."

Lusby said the first machine will go into production in 2014. The WarwickFBR is a fluidized bed reactor.

Tel. 011 44 7776 230 950, email arthur@recyclingtechnologies.co.uk.


Comments

New company pioneers fuel from mixed plastic waste

Published: January 30, 2013 12:32 pm ET
Updated: January 30, 2013 12:33 pm ET

Post Your Comments


Back to story


More stories

Image

Conair simulating clean room environment

March 25, 2015 6:00 am ET

Conair Group (Booth W2143) is displaying a simulated clean room environment at NPE 2015 to show off its reinvented MedLine-brand line encompassing...    More

Dinamec boosting plastic removal capabilities through Schwing Fluid

March 25, 2015 6:00 am ET

Dinamec Systems LLC of Acworth, Ga., is boosting its plastic removal and paint stripping capabilities through an exclusive North American...    More

Image

Kautex showing off an extrusion blow molding machine at NPE

March 25, 2015 6:00 am ET

After 80 years in business, Kautex Maschinenbau GmbH officials know good old-fashioned word of mouth is often the best way to reach more customers.    More

Image

Bubble cooling technology offers quick return on investment

March 25, 2015 9:52 am ET

Gloucester Engineering (Booth W6744) claims its new, retrofitable bubble cooling technology can boost blown film output by as much as 20 percent,...    More

Progressive's AST Technology takes mold monitoring to the cloud

March 25, 2015 9:27 am ET

AST Technology's CVe Live software monitors an injection molding machine and stores the information in the cloud so molders and OEMs can access the da...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events