Chemical recycling technology provider Itero Technologies
has received a €6m investment, with €5m from Infinity Recycling’s Circular Plastics Fund (CPF), to support the design and construction of Itero’s first at-scale demonstration plant located at the Brightlands Chemelot Campus, Geleen, The Netherlands.
× Itero Technologies
Itero to scale plastic-to-product recycling with €6m investment, led by Infinity Recycling's Circular Plastics Fund The plant will be able to process 27,000 tonnes of residual plastic waste annually, equivalent to the total amount of plastic packaging waste generated by the population of Amsterdam municipality per year. The proprietary pyrolysis process developed by Itero converts plastic waste into high-value chemical products while diverting end-of-life plastics from landfill and incineration, reducing consumption of crude oil. The chemical products are used as feedstock in the production of virgin-quality plastics, which can be retained again and again in the