Itero to scale plastic-to-product recycling with €6m investment, led by Infinity Recycling's Circular Plastics Fund
The chemical products are used as feedstock in the production of virgin-quality plastics, which can be retained again and again in the circular economy through the same process.
- The chemical products are used as feedstock in the production of virgin-quality plastics, which can be retained again and again in the circular economy through the same process.
- Itero CEO, Mr Simon Hansford, said, "We are delighted that the significant potential of the technology developed by Itero is acknowledged by Infinity Recycling and other investors.
- "Infinity Recycling is excited to anchor this investment round and help Itero with the upscaling of its technology and process.
- Complementing traditional recycling methods, Itero diverts plastics from landfill and incineration, while increasing recycling rates and reducing dependency on crude oil.