A British company launched a crowdfunding project for plastic recycling. In march 20th, the recycling company announced that the target of raising funds was 1.2 million pounds, which eventually surpassed 300% and reached the upper limit of 3.7 million pounds.
The fund raised the support of more than 1500 investors. “The company has attracted investment from existing investors, strategic investors and public investors,” the company said in a statement.
The company’s innovative RT7000 recycling hybrid waste plastic machine that can recycle different materials including those that are considered non recyclable, such as film and colored laminated plastics which include snack bags and food bags.
When it comes to recycling machine, we usually think of the GREENMAX machines. GREENMAX as the world-renowned leader in recycling, have recycling machines which include polystyrene compactor, foam densifier, Styrofoam densifier and EPS compactor.
In addition, GREENMAX recycling machine is equipped with reputable SIEMENS, PHOENIX, SCHNEIDER, and NSK components. GREENMAX also ensures great safety, reliability and durability. The SIEMENS control system makes machine operation much easier and simpler.
Now, let’s take the polystyrene recycling as an example to illustrate: the waste material can be crushed and compacted into EPS blocks by the compacting system of the polystyrene compactor with a compression ratio of 50:1; the EPS blocks are also a kind of valuable material because it can be reused to make frame products or be sold.
GREENMAX has always worked on improving and innovating of the technology of recycling machines. Also, it helps more than 70 countries to reduce plastic pollution and recycle waste plastic.