Poseidon Plastics to build 10,000 tonne UK facility to recycle trays, pots, containers and polyester fabrics

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Wilton Centre Poseidon Plastics
The Wilton Centre where Poseidon Plastics is based
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A joint venture company Poseidon Plastics has announced plans to construct a 10,000 tonnes per year facility in Teesside that will process 'difficult to recycle' plastics.

The company is a joint venture between Green Lizard Technologies, Panima Capital and Abundia Industries.

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It is a waste polyester recycling company and co-developers of a unique monomer recycling technology that converts polyester to recycled raw material (BHET) to produce virgin PET . . .

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