2024-08-06 Product news
Polystyvert closes financing round for polystyrene recycling solution
More organizations are investing in circular recycling solutions, including Polystyvert, a Montréal-based company focused on recycling styrenic plastics.
They have recently raised over $16 million, a key step towards establishing their first commercial recycling plant in Québec. The plant will use Polystyvert’s innovative dissolution and purification technology to recycle highly contaminated polystyrene waste.
“Polystyvert’s game-changing recycling process upcycles contaminated plastic waste into premium materials. This commitment to scaling advanced recycling technologies is crucial in tackling the plastic waste crisis and fostering sustainable circular market growth,” says Jan-Willem Muller, Managing Partner at Infinity Recycling.
Want to learn more about how a circular economy minimizes waste and makes the most of available resources? Read about Alfa Laval’s impact here.
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