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EU funding injection for UK plastics recycler

United Kingdom – The EU has awarded UK plastics recycler Luxus a grant worth £600 000 (more than US$ 900 000) to enable the company to commercialise its Hycolene range of lightweight polypropylene, which includes a 60% recycled content.

With the Hycolene product, Luxus will serve the European automotive interior trim market. According to the firm, this move will not only boost the sales potential for its lightweight polypropylene range but also provide the continent′ss car sector with a greater volume of recycled-content polymers to satisfy end-of-life vehicle and emission targets.

Luxus will be collaborating on this project with screw manufacturer Coperion of Germany and Tier 1 moulding supplier IAC, as well as with car producer Jaguar/Land Rover which will provide end-user guidance in order to ensure technical requirements are met so as to ′allow exploitation of this technology in future auto applications across the industry′.

Luxus′ managing director Peter Atterby comments: ′We are pleased that the commercial potential of our Hycolene range has been recognised by the EU. This investment will enable us to effectively make a fundamental step-change in our technology as we aim to replace our filled compounds with next-generation reinforcing additives.′

 

For more information, visit: www.luxus.co.uk

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