United Kingdom – UK-based technical plastics recycling and compounding company Luxus has started building a new 750-square-metre laboratory which will specialise in developing high-performance thermoplastic polymers with a substantial recycled content.
Luxus is investing a total of £600 000 (US$ 950 000) in the laboratory – a venture supported by a £6 million (US$ 9.5 million) loan which it earned as a regional winner of the HSBC ‘Business Thinking’ award in 2011. The new facility will focus on creating applications for its automotive customers such as Nissan, Ford, Jaguar, BMW and Renault.
According to Luxus’ Managing Director Peter Atterby, the company’s R&D team will move to the new facility where it will conduct thermoplastic polymer testing and development.
‘We will also continue our research in sustainable materials that are able to withstand extremes in temperature and UV exposure with The Green Tile Company, a manufacturer of highly-innovative roof tiles known as Envirotile made from recycled polymers for the construction industry,’ he adds.
For more information, visit: www.luxus.co.uk
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