UK chemical recycling company receives EUR 10m investment from Neste and Mirova
The UK company has yet to confirm when production of the RT7000 will begin. The machines feature a thermal cracker, a regenerator, Plaxx and light gas distillation modules as well as a flue gas treatment module. Neste has also signed a joint technology development agreement with Recycling Technologies with a view to speeding up the roll-out of chemical recycling capacity in Europe.
In December 2019, Recycling Technologies signed a partnership agreement with French energy group Total (Paris; www.total.com) and major consumer brands Nestl? (Vevey / Switzerland; www.nestle.com) and Mars (McLean, Virginia / USA; www.mars.com) to test the feasibility of its proprietary pyrolysis-based recycling process ??? see Plasteurope.com of 17.12.2019.13.03.2020 Plasteurope.com [244710-0]
» Publication Date: 13/03/2020