Plastic Energy, a global leader in chemical recycling technology, has opened new research and development labs at Loughborough University.
This builds on the company’s impactful research partnership with the University which began in 2012 to accelerate the innovative process to help prevent plastic waste, transforming previously unrecyclable plastic waste into a valuable resource.
Building capability and attracting skilled research and technical staff, Plastic Energy’s research team has grown from the laboratory space it shared with the University’s chemistry researchers into a suite of specialist labs and a dedicated office space on Loughborough University Science and Enterprise Park (LUSEP).
LUSEP will be the hub for Plastic Energy’s work on further development and optimisation of its unique chemical recycling technology. The research team will use state of the art equipment in the new labs to test feedstock and improve the quality of the final product from Plastic Energy’s TAC™ process, called TACOIL™.
Plastic Energy leadership and research teams, and key stakeholders at Loughborough University gathered for the official opening event which included a tour of the labs and demonstration of current R&D projects.
“LUSEP is an excellent base for Plastic Energy to continue leading the way to help create a circular economy where plastics are re-used repeatedly, for good,” said Steve Christie, Loughborough University’s professor of Chemical Technologies. “Co-located with the University’s net zero and sustainability research capabilities, I look forward to us continuing working together to realize this shared goal.”
“After a decade of collaboration with Loughborough University, we are delighted to formally open our new Plastic Energy labs and office space at LUSEP,” said David McNamara, chief technology officer at Plastic Energy. “This will provide a base for our research team to continue their invaluable work on our technology and act us a hub for internal and external visitors. We are grateful to Loughborough University for their continued support.”
Alex Owen, Loughborough University chief financial officer and LUSEP lead, says: “Leading the field in the transition to a low-carbon circular economy for plastics, Plastic Energy are a valuable addition to LUSEP’s largest and most established cluster, Energy and Low Carbon.
“With its distinctive added value of the University’s knowledge base and high calibre graduate workforce, I am confident that LUSEP will be a supportive base for Plastic Energy’s R&D team to flourish. I wish them every success.”
