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
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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
DeepTech Recycling secures fresh funding in fight to create circular economy for plastics
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In the midst of the pandemic, we designed an app to help Heng Hiap recycle plastic. We lovingly call it as 'uberizing recycled plastic,' where the app basically creates a marketplace for consumers, grassroots collectors, and aggregators to convert plastic into money and help Heng Hiap's clients with traceability of plastic supplied by them. Even after two years, I love this case study as it keeps the plastic from polluting the oceans in S.E Asia while monetizing waste. Watch the video for more insights.
Capgemini reimagines the future of recycling with Heng Hiap Industries
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In the midst of the pandemic, we designed an app to help Heng Hiap recycle plastic. We lovingly call it as 'uberizing recycled plastic,' where the app basically creates a marketplace for consumers, grassroots collectors, and aggregators to convert plastic into money and help Heng Hiap's clients with traceability of plastic supplied by them. Even after two years, I love this case study as it keeps the plastic from polluting the oceans in S.E Asia while monetizing waste. Watch the video for more insights.
Capgemini reimagines the future of recycling with Heng Hiap Industries
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The US Plastics Pact launched Roadmap 2.0 this week, an ambitious strategic plan to drive the transition to a circular economy for plastics in the United States. Amcor joined the U.S. Plastics Pact as an Activator, to pre-competitively collaborate with other industry leaders to create a sustainable, circular economy for plastics by driving innovation and transparency among stakeholders across the value chain. Click below to learn about the success to date since 2020, and future plans to drive the reuse, recycling, composting, and designing of plastics to stay within the economy and out of the environment. https://usplasticspact.org #RoadmapTo2025 #RoadmapToCircularity #USPlasticsPact
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Last month the US Plastics Pact launched Roadmap 2.0, an ambitious strategic plan to drive the transition to a circular economy for plastics in the United States. We have joined the U.S. Plastics Pact as an Activator, to pre-competitively collaborate with other industry leaders to create a sustainable, circular economy for plastics by driving innovation and transparency among stakeholders across the value chain. Click below to learn about our collective success to date since 2020, and future plans to drive the reuse, recycling, composting, and designing of plastics to stay within the economy and out of the environment: https://bit.ly/3XPE3se #RoadmapTo2025 #RoadmapToCircularity #USPlasticsPact
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Sr. Global Product Line Manager (Polymer Additives) @ Milliken & Co. I Business Manager I Marketing Manager I Growth Enabler
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
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Our Seek Together brand is all about collaboration. About finding the complementary skillsets, connected through a shared purpose. About challenging the status quo. And where the collaboration truly comes to fruition is in the subsequent #action . Have a look at this #blog article that shows how we're taking action to make progress towards a circular economy. #seektogether #sharedpurpose #collaboration
To meet the growing demand for more sustainable plastics and pursue a #CircularEconomy, our partnership with Mura Technology employs inventive new #RecyclingTechnology. See how we’ll boost annual plastic recycling by up to 600 kilotons.
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🌐✨ Exciting News on International Recycling Day! Unveiling Radical Dot: Transforming Recycling with Breakthrough Chemical Technology! 🔄🌿 We are thrilled to announce the official launch of Radical Dot, fruits of months of hard work! 🚀🌎 At Radical Dot, we are on a mission to unlock carbon from complex plastic waste streams by introducing a groundbreaking chemical technology that transforms them into essential chemical building blocks. 🔄🔬🌱 🌐 Challenging the Status Quo: Today, only <10% of plastic is recycled globally. This is largely due to technical and economic challenges in existing waste separation and recycling processes. Radical Dot aims to bridge this gap to contribute to a circular economy of plastics and develop a technology that offers a reliable, efficient, and feedstock agnostic recycling solution. 🔄💡 💚 Beyond Waste Management: Not only does Radical Dot contribute to solving the plastic waste crisis, but it also paves the way for defossilization, aligning with the Paris Agreement's goals for the chemical industry. 🌱🌍 🌍 Our Mission: 🔬 Scaling and deploying our process to close the loop on plastic, producing essential chemical building blocks. 💰 Revolutionizing a $400 billion fossil-based commodity chemicals market. 🌬️ Reducing emissions by over 0.5 Gt CO2eq/year by 2050 (~1% of global emissions). 🚀 Join Us in Making a Difference: We are thrilled to kickstart this adventure and invite you to join us on this incredible journey toward a more sustainable future. We're on the lookout for passionate and experienced chemical engineers, process engineers, and chemists to join our agile, dedicated, and fun team. Feel free to reach out and spread the word! Together, let's redefine recycling possibilities and contribute to a healthier planet. 🌍💙 🔗 Follow us on LinkedIn and visit our website: radicaldot.com #RadicalDot #RecyclingInnovation #SustainabilityRevolution #CircularEconomy #GreenTech #DeepTech #Startup
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As mentioned in the segment, about 48 million tons of plastic waste is generated in the U.S. each year and only 5 to 6 percent of it is actually recycled. The rest ends up in landfills or is burned. Our chemical recycling technology at Resynergi aims to solve this problem by turning plastic back into plastic. We have a viable solution today that enables circularity. With plastic production set to triple by 2050, we're solving for a circular future. As noted, the industry is investing in our advanced recycling technology category. Exciting market opportunities ahead! https://lnkd.in/eNbjPnUk #resynergi #circularity #advancedrecycling #circulareconomy #plasticcircularity #plasticrecycling #cleaner #recycling #sustainability #chemicalrecycling #innovation
Critics call out plastics industry over "fraud of plastic recycling"
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