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).
Location: United Kingdom, England
Employees: 51-200
Total raised: $166.19M
Founded date: 2011
Investors 1
Funding Rounds 1
| Date | Series | Amount | Investors |
| 11.11.2021 | - | $166.19M | - |
Mentions in press and media 7
| Date | Title | Description |
| 09.10.2023 | PCG TO CONSTRUCT ASIA'S LARGEST ADVANCED CHEMICAL RECYCLING PLANT | PCG reaches FID for the construction of an advanced chemical recycling plant in Pengerang, Johor, targeted to be operational by first half of 2026. The plant will use Plastic Energy's patented technology to convert end-of-life plastics into... |
| 24.10.2022 | Bill Gates throws support behind new European cleantech scale-up coalition | With the goal of helping Europe become climate-neutral, energy-autonomous, and industrially competitive, eight European cleantech companies have joined hands to form a new cleantech scale-up coalition. Supported by Breakthrough Energy found... |
| 03.06.2022 | The Circular Polymers Market Analysis by Fact.MR Divulges, Rising Demand in the Packaging and Construction Industry to Boost the Market at US$ 163.9 billion by 2032 | Backward Integration Has Remained the Go-to Strategy to Ensure Optimum Circular Polymer Production, Says Fact.MR /EIN News/ -- United States, Rockville MD, June 03, 2022 (GLOBE NEWSWIRE) -- The global circular polymers market is projected t... |
| 11.11.2021 | London-based Plastic Energy raises €145M to “recycle plastics that no one else can”; here’s how | London-based Plastic Energy, a company that offers a global and sustainable solution to prevent plastic pollution, has raised €145M in a fresh round of funding. The investment came from LetterOne, Axens, and M&G. New investor LetterOne ... |
| 08.11.2021 | M&G catalyses Plastic Energy's expansion of recycling technology plants | News release M&G catalyses Plastic Energy's expansion of recycling technology plants Plastic Energy's €145 million capital raise will support the sustainable circular economy London, 8 November 2021 - M&G announces it has become the... |
| 28.04.2021 | Three Practical Steps To Gain Business Value In The Second-Hand Economy | Driven by clamoring sustainability mindsets and regulatory mandates, companies are increasingly making the circular economy an integral part of their business model. Turns out, what’s good for the planet can absolutely be good for business.... |
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