Impact Recycling has developed and commercialised a patented water-based density separation technology – Baffled Oscillation Separation System (BOSS). This process separates mixed plastic waste into two high-purity output streams: polyethylene (PE) and polypropylene (PP) – each said to exceed 95% purity.
With operational plants in Glasgow and Peterlee, Impact Recycling serves a growing base of UK and European clients across the healthcare, packaging and waste management sectors.
Its Glasgow site specialises in recycling medical plastic waste from the NHS, while its Peterlee site was recently expanded to include a facility capable of recycling flexible film packaging.
In November 2023, Impact Recycling received a grant from Innovate UK and a £7m loan from Nestlé.
IW Capital’s further investment in Impact Recycling takes place amongst a backdrop of regulatory tailwinds, such as the EU’s Plastic Packaging and Plastic Packaging Waste Directive, which is aimed at reducing the environmental impact of plastic packaging and requires 35% recycled content to be used in any plastic packaging by 2030, rising to 60% by 2040.
The company will use the new investment for business development and to continue scaling its business in current and new markets.
Commenting on the investment, Alan Armstrong, chairman of IW Capital and head of investment, said: “Impact Recycling exemplifies the kind of business we’re proud to support – deeply innovative, commercially proven and playing a critical role in the future of sustainable materials. Their proprietary BOSS technology and strong customer traction make them a standout opportunity in a market undergoing rapid regulatory and consumer-driven change.”
David Walsh, CEO of Impact Recycling, added: “With strong demand from global partners and our licensing model gaining traction, we’re well-positioned to scale our operations. We are thrilled to have IW Capital’s support as a partner as we develop the business and our market presence.”
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