Impact Recycling is a UK-based startup established in 2014 with a focus on revolutionizing plastic recycling. The company's breakthrough technology, BOSS, enables the separation of post-consumer mixed rigid plastic waste, resulting in two consistent streams of post-consumer resin (PCR) – polyethylene (PE) and polypropylene (PP) – each with a 98% purity. This scalable, automated, and water-based solution is not only color agnostic but also financially profitable and technically feasible. In July 2022, Impact Recycling secured a £2.65M Venture Round investment from IW Capital, indicating confidence from the investment community in the company's innovative approach to plastic recycling.
The flagship plant in Newcastle, operational since Q2 2018, has an annual capacity of 6000 tons, enabling the recycling of mixed rigid waste plastic feedstock and the dispatching of sales of recycled PE & PP post-consumer resin to customers in the UK and EU. Impact Recycling is now directing its research towards further developing the BOSS technology for separating post-consumer mixed film plastic packaging and waste fishing net fibers, showing the company's commitment to expanding its impact across multiple sectors.
In summary, Impact Recycling's innovative technology, demonstrated success with its flagship plant, and the recent £2.65M investment from IW Capital position the company as a significant player in the sustainable and profitable plastic recycling industry, with promising potential for expansion and positive environmental and financial returns. For further information, interested parties can visit www.impact-recycling.com.