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Recycling Technologies
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Developer of a modular machine (the 'RT7000') that recycles plastic into Plaxx, a hydrocarbon product with multiple uses in different sectors

Founded in 2011
Founded in

Company type Out of Business Public ()
Company type

Industry Group waste & recycling

Sector waste management

TRL Range 7-8
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
TRL Range

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Headquarters United Kingdom Wiltshire, United Kingdom
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Updated by Adrian Griffiths at Recycling Technologies Ltd on 06/06/2017

Edited by Cleantech Group on 12/21/2022

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Date Company
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Date Partner Type
08/11/2021
Circulor Circulor
Partnership together with TotalEnergies, and Recycling Technologies, a chemical recycler of plastic, to develop a blockchain-enabled traceability solution for Hard-to-Recycle Plastics (HTRP). The project is also being assisted with financing from Innovate UK.
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Confirmed by Circulor
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IPO INFORMATION

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Date Investors Type Amount
10/16/2020 UK Research and Innovation UK Research and Innovation (1)
Post-money valuation of
Funding for a chemical recycling plant that aims to use thermal cracking to turn 7,000 tonnes per annum of plastic waste into 5,200 tonnes of hydrocarbon oil as a replacement for crude oil in plastic production. £20 million of funding is intended to be split between four organizations. Value amount is an estimation.
Project Finance $6,805,000
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Product image Name Product status Revenue model Cost metrics

RT700 Pilot Plant

The RT700 is the Pilot Plant for the full scale RT7000 machine. RT's process, which is embodied in this compact modular machine, uses thermal cracking to convert plastic polymer molecules into a more homogenous output which is then usable as wax, chemical feedstock or fuel.

Pilot/Early Revenue Service - Per Unit
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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