United Kingdom – UK-based Enval has attracted further backing for the commercialisation of its technology for the recycling of plastic and aluminium laminate packaging such as drinks/petfood pouches, bags of filter coffee, toothpaste tubes and drinks cartons.
The investment was secured from a syndicate of investors including Cambridge Enterprise and backers from both Cambridge Capital Group and Cambridge Angels. Enval’s patented and award-winning technology separates the material into its constituent components, producing clean aluminium ready for introduction into the secondary aluminium supply chain and also hydrocarbons that can be used as fuel or chemical feedstock.
Dr Carlos Ludlow-Palafox, Enval’s co-founder and Chief Technology Officer, comments: ‘With this investment and the backing from our industrial partners, Kraft Foods and Nestlé, Enval expects to bring its first commercial plant into service towards the middle of this year.’ The plant will be used to showcase the company’s technology to potential customers.
Enval was formed as a spin-out from the Department of Chemical Engineering at the University of Cambridge.
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