Recycling Technologies (Swindon / UK; www.recyclingtechnologies.co.uk) plans to start manufacturing its first commercial “RT7000” machine in Scotland, following a EUR 10m investment. The Swindon-based firm has a patented system to convert plastics waste into chemical feedstock, which is then turned into plastics from “Plaxx” oil. The UK company received EUR 5m each from Neste (Espoo / Finland; www.neste.com) and investment gorup Mirova, an affiliate of Natixis Investment Managers (Paris / France; www.im.natixis.com).

The UK company has yet to confirm when production of the RT7000 will begin. The machines feature a thermal cracker, a regenerator, Plaxx and light gas distillation modules as well as a flue gas treatment module. Neste has also signed a joint technology development agreement with Recycling Technologies with a view to speeding up the roll-out of chemical recycling capacity in Europe.

In December 2019, Recycling Technologies signed a partnership agreement with French energy group Total (Paris; www.total.com) and major consumer brands Nestlé (Vevey / Switzerland; www.nestle.com) and Mars (McLean, Virginia / USA; www.mars.com) to test the feasibility of its proprietary pyrolysis-based recycling process – see Plasteurope.com of 17.12.2019.