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Plastic has a recycling problem. Only about 9% plastic is recycled, and a The majerity of that waste comes from the single use items such as plastic bags. It is partially a design problem – they are made to be discarded. But it is also a technology problem because refusing these movies is not easy, and the results usually are not great.
Novolop He says he developed a way to take those bothering plastics and turn into something other companies want to buy.
The beginning based on California finished a test of his test of their demonstration plant which continuously the borrower’s plastic. The plant is capable of crap the question has been strong that the company is preparing the plans for greater easy.
“We’re sold. Fighted every time we make something, we are sold”, miranda Wang, Co-Fudder and Nao of the Dalphol, said to Trotonop.
To the heels of his run the new round was driven by Taranis, funnizations, I’m all-in-ended, with integers by the ventures value and negotiate.
The company did not choose for their commercial scale plant but is looking for build beside an existing cheese plant that could have extra land and utility. The other company could be and operate the facility, with the novolize that provides the process and marketing know.
“Sometimes it is difficult to return growth opportunities,” Wang said. “This is a way to access that growth opportunity while not to learn a fathegly different market than they are to sell things in because of marketing and technology.”
Novolop has raised before a $ 21 million series athat has helped the company rainate their process to the point where your shoe manufacture in your own downloading manufacturement for his Snaker Cloudor. I am
Startup’s Failed Material, which is calling polythe (inbeltic policy), it is made from plastic plastic plastic in their piquetile places, calls monomers. From here, listed new polymers that are more valuable than initial polyethylum. The resulting material is more expensive than virgin but “in the range,” he said.
Wang added that the New Year’s experience has carried the company to another business line, rich to the fatiler’s cruises and make a delivery of virgin material.
When the time to build the demonstration plant, you will get the ducting, where rapidly resting in a pilothe plant, “” They have a plant of just a pilotic pilot. “
Aether’s experience with small scale chemicals of small grades with their ability to reuse the riders – means the novolop plant building. Build fewer than the small facility in the United States
“This is an environment that we don’t have here”, he said.