Novoloop says it’s worked out how to upcycle plastic waste, raises $11M Series A
TechCrunch
FEBRUARY 14, 2022
Upcycling polyethylene (the normal ubiquitous plastic we are all familiar with) into high-value plastics that can compete with “virgin” plastic (meaning plastics made directly from petro-chemicals) is a fiendish problem to solve. The fact that it’s been extremely hard to do so means billions of tonnes of plastic is never recycled, and it’s out there polluting the planet and our oceans.
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