Plastic Energy
- 08/11/2021
- Unknown
- $167,700,000
Plastic Energy Limited is the world’s leading chemical recycling company with its technology HQ in central London and industrial plants in Almeria and Seville, Spain. The company has a viable and proven solution to the global problem of plastic waste pollution. With their patented technology, they can transform end-of-life plastic waste destined for landfill and incineration, or that are leaked to the ocean into various recycled oils – TACOIL – that can be used as a feedstock to create clean recycled plastics and contribute to a circular economy (Plastic2Plastic).
- Industry Renewable Energy Semiconductor Manufacturing
- Website https://plasticenergy.com/
- LinkedIn https://www.linkedin.com/company/plastic-energy/
Related People
Carlos MonrealFounder
An experienced entrepreneur and leader in the sustainability and emerging technology sectors for the past 30 years. Currently the Founder and CEO of Plastic Energy, the industry leader in chemical recycling technology, and the President of Chemical Recycling Europe.
We are experiencing an environmental crisis and one of the biggest challenges of our lifetime: a growing global problem of plastic pollution. Through Plastic Energy, we are creating a new path for end-of-life plastic waste that can’t be mechanically recycled, which would otherwise be sent to landfill or incineration, or leak into our environment. Our innovative Thermal Anaerobic Conversion recycling technology converts mixed post-consumer plastic waste into recycled oils, called TACOIL, which are used to replace fossil oils in the manufacturing of new plastics. This leads to a reduction in resource depletion and provides a sustainable solution for plastics which benefits the circular economy.