IMG Group opens Everbio circular polymer hub in Portugal with EUR 15m backing
IMG Group has launched the Everbio Innovation Hub in Portugal, backed by EUR 15m (USD 17.1m) in financing from C2 Capital Partners. The hub brings together group units Evertis, Selenis, Renascis and Renewis to develop circular and bio-based polymer technologies, including a solvent-free delamination process for recovering PET from multilayer plastic waste.
Why this mattersA working solvent-free route to recycled-content PET from multilayer waste could unlock compliance options for packaging currently deemed unrecyclable.
- C2 Capital Partners provided EUR 15m (USD 17.1m) in financing for the Everbio Innovation Hub
- The hub is located in Portugal and combines IMG Group units Evertis, Selenis, Renascis and Renewis
- Key technology is the solvent-free perPETuity delamination process, targeting virgin-quality PET recovery from complex multilayer plastic waste
- The hub aims to commercialise next-generation recycled and bio-based polymer materials
Sources
troy-technical.com