IW CAPITAL ANNOUNCES ￡2 MILLION INVESTMENT IN IMPACT RECYCLING

摘要

Private investment and alternative finance specialist,IW Capital,is making a ￡2 million investment in Impact Recycling Limited.The investment will be used as development capital to drive growth by upgrading Impact's existing equipment at its site in Newcastle,increasing the level of shift patterns,employing additional staff resource,and funding the initial licence opportunities.Impact Recycling has developed a plastics recycling technology that separates the components of post-consumer,mixed plastic waste to recover two consistent streams of PE and PP,each with over 95 per cent purity.