The RT7000 is a scalable patented technology that recycles low-grade plastic waste into a raw material for new plastics production, under the Plaxx trademark. This makes it possible to create value from hard-to-recycle plastic waste, which is often disposed off through landfill, incineration or export.
This agreement marks a significant step for Recycling Technologies, representing its first site outside of the United Kingdom to showcase, test and deploy its technology throughout Europe. This news follows a joint statement in December 2019 announcing an initiative with Citeo, Total, Mars and Nestlé to develop chemical recycling of plastics in France. The company already has a commercial scale plant in development in Perth, Scotland partly funded from a €10m investment from Neste and Mirova and a grant from Zero Waste Scotland.
Brightlands Chemelot Campus wants to play a leading role in the implementation of innovative solutions to solve ecological problems, according to its Circular Hub strategy. The arrival of Recycling Technologies fits in with that ambition.
