Skip to main content

UK plastics recycler receives £5 million in funding

United Kingdom – The Foresight Group, a UK environmental investor, is funding a multi-site roll-out of plastics recycling facilities at 2K Manufacturing. The company will manufacture an environmentally-friendly plywood substitute for the construction industry. Under the £5 million funding package, the first facility will open during 2009.
Multiple award-winning EcoSheet is made from recycled waste plastics that would otherwise be destined for landfill; the product itself is also entirely recyclable. According to 2K, EcoSheet offers substantial environmental, commercial and operational benefits to its users, with the construction and signage industries being the main target markets.

2K has licensed use of the ground-breaking Powder Impression Moulding (PIM) technology, a patented process owned by ERT plc which allows the production of strengthened plastic composite forms using low-grade, co-mingled polymer material. This process essentially allows 2K to recover waste plastics for use in commercial applications. The licensing arrangement gives 2K exclusive rights to manufacture and sell these products within the EU, as well as first option over other main territories.

Andrew Page, the Foresight partner responsible for the firm’s investment in 2K Manufacturing, commented: ‘2K is one of a small group of leading companies in the field of waste plastic recycling, with its product addressing very large markets and offering a compelling proposition; cost savings and performance benefits as well as the obvious green credentials. The company has strong partners in the construction industry which give it a significant head start in capitalising on the opportunities which lie ahead.

Would you like to share any interesting developments or article ideas with us? Don't hesitate to contact us.

You might find this interesting too

R&D solution: new hope for multi-layer materials
High hopes for PET recycling in South Africa – despite lost capacity

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe now and get a full year for just €136 (normal rate is €170) Subscribe
Share your shear stories and win a GoPro!

It’s safe to say that scrap shears are the pillars of the recycling industry. But which configurations are the future? Take part in our tech survey and get a shot at winning a cool GoPro camera!

Thousands of scrap shears are driving recycling businesses all over the world. When it comes to different types, an operator may opt for maximum tonnage or flexibility, such as a mobile set-up. An integrated baling system is also gaining popularity. Ultimately, there is no wrong or right shear; it comes down to how you’re going to use it.

Our survey is meant to map the wants and needs of today’s dynamic recycling industry. Voice your opinion here and, who knows, you may be able to capture your recycling facility in action in HD.

TAKE SURVEY!