Plastic Energy
Transform end-of-life plastic waste destined for landfill and incineration, or that are leaked to the ocean into various recycled oils – TACOIL – that can be used as a feedstock to create clean recycled plastics and contribute to a circular economy.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | €145m | Growth Equity VC | |
| Total Funding | 000k | ||
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | 326 % | 12 % | (47 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (1936 %) | - | (172 %) | (58 %) | (93 %) | (442 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Plastic Energy is a pioneering company in the field of advanced recycling, specializing in converting previously unrecyclable plastic waste into valuable resources. Operating in the global market, Plastic Energy serves industries looking for sustainable solutions to plastic pollution. The company employs a unique, patented process known as Thermal Anaerobic Conversion (TAC) to transform end-of-life plastic waste into TACOIL, an optimal feedstock for producing clean recycled plastics or alternative low-carbon fuels. Plastic Energy owns and operates two chemical recycling plants in Seville and Almeria, Spain, which have been operational since 2014 and 2017, respectively. The business model revolves around providing an environmentally friendly and profitable alternative to incineration and landfill, thus contributing to a circular economy for plastics. Revenue is generated through the sale of TACOIL and other recycled products to manufacturers and industries committed to sustainability.
Keywords: chemical recycling, Thermal Anaerobic Conversion, TACOIL, end-of-life plastics, circular economy, sustainable solutions, plastic pollution, low-carbon fuels, Seville, Almeria.