RecyClass’ Post

Marvine Besong, MD and CTO of our portfolio company DeepTech Recycling, joined Proactive to discuss its recent £1M fundraise, which will help the plastic recycling company develop and commercialise their technology, including set up of a new operating base and bench scale facilities. Besong emphasises the company's strategy to install recycling facilities at Material Recovery Facilities (MRFs), enabling efficient local processing of plastics. This approach aligns with their vision to tackle plastic waste as close to the consumer as possible, converting low-density plastic into easily transportable liquid form. Watch the full interview below ⬇ #plasticrecycling #chemicalrecycling #plasticwaste #climatechange #eis #cop28 https://lnkd.in/gBVsf3Rn

  🌐 Exciting News: Infinity Recycling's Circular Plastics Fund Reaches EUR 135 Million in its 5th Close! 🌱 Achieving a successful transition to a circular economy demands both capital and collaboration. We're thrilled to announce the inclusion of three new institutional investors, all deeply committed to shouldering their responsibility in propelling us towards a net-zero future. 🤝   The Circular Plastics Fund was established with a clear mission—to empower cutting-edge recycling technologies and drive the scaling up of solutions, ensuring the creation of ample capacity for a sustainable and circular plastics economy. Today, we're thrilled to share the progress of our portfolio companies, including Pryme, gearing up for production at their Port of Rotterdam plant, and Itero, Clariter, and DePoly advancing towards the realization of their inaugural commercial plants. None of this would have been achievable without the steadfast support of our LPs and the unwavering commitment of the entire Infinity Recycling team. 🌐🌿   https://lnkd.in/eBhcfj7N #circularplastics #sustainabilitymilestones #recyclinginnovation #commitmenttochange #impactinvestment #circulareconomy #netzero #sustainability

The US Plastics Pact’s Sustainable Packaging Innovation Awards were created to showcase primary, secondary, and tertiary packaging solutions of all substrates that serve the U.S. market that help to keep plastic packaging in the economy and out of the environment and enable progress towards the U.S. Pact’s targets. Applications are now open: https://lnkd.in/eKVT3_i5 Roadmap 2.0 was launched earlier this month to serve as an engine of opportunity, support, and leadership for current and future Activators. Pure Strategies, Inc. Inc. is proud to be a Technical Affiliate of the US Plastics Pact. Read about this plan for the future and get involved here:  https://usplasticspact.org The Recycling Partnership | WWF | Ellen MacArthur Foundation #RoadmapTo2025 #RoadmapToCircularity #USPlasticsPact #Circularity

DeepTech Recycling Managing Director and CTO Marvine Besong speaks to Thomas Warner from Proactive about the company's groundbreaking work in #PlasticRecycling. He explains that #DeepTechRecycling specialises in transforming end-of-life #plastics into reusable materials, noting that only 12% of all plastic waste is currently recycled. Their innovative approach involves heating waste plastics in a proprietary modular unit that ultimately turns it back into an oil-like substance that can then be treated and turned into new #petrochemical feedstock. The aim is to promote a circular economy for plastics, preventing them from ending up in landfills or polluting the environment. Recently, DeepTech Recycling secured £1 million in funding, which Besong says will be used to consolidate the assets acquired from Recycling Technologies in December 2022 and to develop and commercialise their technology. This includes setting up a new operating base with labs and bench scale facilities. Besong emphasises the company's strategy to install #recycling facilities at #MaterialRecoveryFacilities (MRFs), enabling efficient local processing of plastics. This approach aligns with their vision to tackle #PlasticWaste as close to the consumer as possible, converting low-density plastic into easily transportable liquid form. Besong says his current focus is on business development, customer engagement, and advancing the company's technology to achieve commercial-scale operations. He stresses the importance of customer-focused models in scaling up their technology. DeepTech Recycling is a NetScientific PLC portfolio company. Watch at #Proactive #ProactiveInvestors #AIM #NSCI https://ow.ly/vTZh50Qfo1y

Believe it or not additives in your packaging isn't a bad thing, actually having an important role in the drive towards circular packaging. Come and join me at Plastics Recycling Show Europe to learn more and see if you agree

#TetraPak is working towards tackling interconnected changes that our planet faces. One action includes an investment of €30 million in global carton packaging collection and recycling projects ♻️ Learn more through the #TetraPakSustainabilityReport: https://lnkd.in/dkwTAiFM #SustainableGoals

Corporates are converging towards the need to reduce unrecyclable, single-use #packaging waste. One key example of a public-private partnership is the Plastic Pact Network worldwide, organised by the Ellen MacArthur Foundation. Corporate signatories to the commitment include companies that represent 20% of all plastic packaging produced globally. More than 15 financial institutions (with a total of over USD 2.5 trillion in assets under management) have signed on, and five venture capital funds have pledged a total of more than USD 200 million to create a #circulareconomy for packaging (World Economic Forum, 2021). #reuse #reuserevolution #circularity #impactinvesting #greenfinance #plasticwaste #togetherwecan #ppp #plasticpact #plasticstreaty

Join Nexus Circular at the upcoming International Polyolefins Conference hosted by SPE: Inspiring Plastics Professionals. We're proud to showcase our leaders who are driving innovation in the realm of plastics sustainability.   Jeffrey Gold, our Founder and CTO, will delve into the pivotal role of Advanced Recycling in extending plastics' lifecycle and fostering a circular economy. Learn how we transform hard-to-recycle plastics into original molecular building blocks, reducing reliance on fossil fuels and curbing plastic waste accumulation.   Clint Thompson, Nexus’ Chief Commercial Officer, will shed light on designing film and flexible packaging for "advanced" recyclability, enabling continual recycling to extend the plastic lifecycle and promote a #circulareconomy. Discover how our supply partnerships empower sustainability-minded companies to meet waste reduction goals and improve environmental performance.   #AdvancedRecycling #PlasticsCircularity #PlasticsRecycling 

Save the Date! On April 22, which is also #WorldEarthDay, our CEO Charlie Tan will be among the speakers at the 5th edition of the Chinaplas x CPRJ Plastics Recycling & Circular Economy Conference and Showcase. As well as lay out the purpose and mission of GIC to attendees, Charlie will address several crucial talking points in his presentation:  • What are the key enablers to decarbonize the chemical industry?  • How can we move from context to tangible action? • What role can GIC play? These, as Charlie will explain, are crucial questions that need to be answered as the #chemicals sector moves together on its net zero pathway. Events like #Chinaplas are crucial discussion forums and embody many of the values that underpin us as an organization, chiefly around collaborating and innovating to achieve sustainable outcomes. Find out more at: https://lnkd.in/ej4DydxG #GlobalImpactCoalition #NetZero #decarbonization

It's common knowledge that plastics pose recycling challenges. But according to the organization Recycling is Real, the plastics industry has invested or made commitments to invest more than $8B in recycling capabilities. At Milliken, we've aligned with more than 30 organizations at every step of the "4R's" process to support advancements in recycling. Read more on our blog about the partners we're walking with and how we're changing the future of recycled plastic. https://lnkd.in/dtZ5TjNZ