The deal will see the combined company headed by Greenback chief executive Philippe von Stauffenberg.<\/p>\n\n\n\n
The companies have merged their operations in plastics recycling and said the deal followed the inauguration of a pioneering recycling plant that uses Enval’s microwave-induced pyrolysis technology (pictured) in Cuautla, M\u00e9xico.<\/p>\n\n\n\n
Enval was incorporated as\u00a0a spin-out from Cambridge University in 2006<\/a>. It launched its first\u00a0commercial-scale laminated plastics\/aluminium recycling plant in Luton in 2013.<\/a><\/p>\n\n\n\n Greenback said the new company will focus on hard-to-recycle post-consumer plastic packaging waste. It will also provide feedstock for new food-grade packaging with recycled content.<\/p>\n\n\n\n Von Stauffenberg said: “With Enval\u2019s breakthrough microwave-induced technology we transform flexible plastics into pyrolysis oil, \u03c0-Oil, which can be used for recycled content for new food packaging. <\/p>\n\n\n\n \u201cThe process also allows the recycling of another valuable raw material, aluminium, when it is present in multi-layered flexible packaging. This merger is a significant milestone for Greenback and Enval, and we look forward to the opportunities it will bring.\u201d<\/p>\n\n\n\n Enval chief executive Carlos Ludlow-Palafox said: “For some time, we have been operating closely together [with Greenback] on the construction of the plant in Mexico and this merger cements that relationship.\u201d<\/p>\n\n\n\n He said the combination of Enval’s expertise in chemical recycling and Greenback’s operational and business development experience would reduce plastic pollution both on land and at sea.<\/p>\n\n\n\n Greenback is based in the UK and was founded by Von Stauffenberg in 2018.<\/p>\n\n\n\n The Mexico facility was opened in partnership with Nestl\u00e9. It also received backing from the Alliance to End Plastic Waste.<\/p>\n","protected":false},"excerpt":{"rendered":" The deal will see the combined company headed by Greenback chief executive Philippe von Stauffenberg. The companies have merged their operations in plastics recycling and said the deal followed the inauguration of a pioneering recycling plant that uses Enval’s microwave-induced pyrolysis technology (pictured) in Cuautla, M\u00e9xico. Enval was incorporated as\u00a0a spin-out from Cambridge University in […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"Greenback Recycling Technologies has acquired laminated plastics recycling specialist Enval for an undisclosed sum","footnotes":""},"categories":[17143],"tags":[17202,15235,11966,13461,10453],"supplier":[22783,19209,22782,21310],"class_list":["post-132187","post","type-post","status-publish","format-standard","hentry","category-recycling","tag-chemicalrecycling","tag-plasticrecycling","tag-plastics","tag-pyrolysis","tag-recycling","supplier-cambridge-university","supplier-enval","supplier-greenback","supplier-nestle"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/132187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=132187"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/132187\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=132187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=132187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=132187"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=132187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}