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Recycling Technologies

Using the latest in technology to recycle a wider range of plastics with environmentally friendlier results. Recycling Technologies have created the RT7000, a machine that processes plastic waste and recycles it into Plaxx®. This new product can be used in wax products, as well as new plastic. Plastic products that are generally considered non-recyclable such as food trays and pouches, films and crisps packets can be processed by the company's machine.

Contributions in the funding round will be invested towards developing around 200 RT7000 machines per annum at the company's manufacturing site, with a 2027 target of 1300 RT7000s to be leased to other businesses. Recycling Technologies has predicted that that from 10m tonnes of plastic, 7m tonnes will be processed into Plaxx®. Furthermore, funds will be allocated to expand the team and Binn Ecopark site, as well as run a 24/7 trial on their new plant.

  • £1,965,855
    raised of £1,300,000 goal
  • Expired
    13 Jan 2019
  • Please Login to see equity offered
    maximum equity offered
  • 1454
  • 3.18%
    equity offered
  • £39,612,728
    pre-money valuation
  • Crowdcube
  • Environmental and Ethical EIS
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