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Processor of used mixed plastics and plastic-metal composites to regain pure plastics

Founded in 2010
Founded in

Company type Acquired Public ()
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Industry Group waste & recycling

Sector waste management

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Germany Schkopau, Germany
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Updated by at on 02/24/2025

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Date Investors Type Amount
02/13/2023 LyondellBasell LyondellBasell , Kirkbi Kirkbi , Kirk Kristiansen Kirk Kristiansen , MIG Capital MIG Capital (4)
Post-money valuation of
The company intends to use the funds to build two new factories.
 Buyout / Late-Stage Private Equity $137,000,000
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