Recycling Technologies joins Chemical Recycling Europe

Chemical Recycling Europe is pleased to welcome Recycling Technologies, a United Kingdom based company as a new member of the association. ​ The company is a leader in the United Kingdom in developing chemical recycling. ​ It has developed an innovative technology, the RT7000, which turns hard-to-recycle plastic such as films, bags, laminated plastics into an oil, called Plaxx®, used as a feedstock for new plastic production. The RT7000 is modular and small-scale, designed to fit easily onto existing waste treatment and recycling sites, providing a scalable solution to recycle waste plastic anywhere in the world.

ChemRecEurope Secretary General, Mohammad Hayatifar, said: “We are delighted Recycling Technologies has joined our association. ​ It is a leader in the UK having set itself a mission to accelerate the evolution of plastic into a sustainable material. ​ The company is already expanding its reach into Europe where it is working with Citeo, Mars and Nestlé to develop chemical recycling in France and recently announced plans to build its first European site in the Netherlands. We are looking forward to working together with this new member to increase the circularity of plastic.”

Adrian Griffiths, Founder and Chief Executive Officer said: "We are delighted to join Chemical Recycling Europe; we share its vision to close the loop for the plastics industry by offering the technology to endlessly recycle all plastic waste back into its original components. ​ This industry body has achieved a great deal since it was founded in 2019, working with stakeholders across the plastics industry to drive the growth of recycling processes for many more plastics and to accelerate the transition to a more sustainable plastics future. ​ Collaboration is key to addressing the goals and the challenges of advancing the plastic circular economy and moving away from incineration, export and landfill, towards making waste plastic valuable."

About Recycling Technologies

UK-based company, Recycling Technologies, is on a mission to accelerate the evolution of plastic into a more sustainable material. Currently, 88% of the plastic used in the world is either buried, burned or leaked into the environment[1]. This means that the world recycles only 12% of the 359 million tons of plastic produced each year[2]. Recycling Technologies has developed an innovative technology, the RT7000, which turns hard-to-recycle plastic such as films, bags, laminated plastics into an oil, called Plaxx®, used as a feedstock for new plastic production. The RT7000 is modular and small-scale, designed to fit easily onto existing waste treatment and recycling sites, providing a scalable solution to recycle waste plastic anywhere in the world. For further information, please visit www.recyclingtechnologies.co.uk.

About Chemical Recycling Europe

Founded early 2019, Chemical Recycling Europe is the professional representative body of chemical recyclers in Europe and represents the interest of its members towards political bodies and the public. ChemRecEurope’s aim is to deepen a positive industry-wide relationship throughout the whole chemical recycling value chain in Europe to accelerate the creation of circular economy for plastics. For further information, please visit www.chemicalrecyclingeurope.eu.

For further information, please contact:

Recycling Technologies

Simon Eaton – Crofton Communications

simon.eaton@croftoncomms.com

+44 (0)7879 617802

Chemical Recycling Europe

Mohammad Hayatifar – Secretary General

solutions@chemicalrecyclingeurope.eu

+32 (0)2 6691876

[1] McKinsey&Co – How plastics-waste recycling could transform the chemical industry

[2] Plastics Europe – Plastics the facts 2019