RECOUP works with Enviroo to secure £58m funding for new PET recycling plant

The plastics recycling non-profit collaborated with the PET recycler to validate the PET recycling market. This involved cross-referencing and confirming third-party industry reports, evaluating market feasibility, and creating a centralized repository of information on waste management trends and recycling policies.

Source: PackagingNews

We were delighted to work with RECOUP who offered us invaluable knowledge and expertise as we sought funding.  With evidence-backed insights we could demonstrate a stable and growing market for PET recycling and navigate current waste management policies and regulations.

^{Ahmed Detta, chief executive, Enviroo}

As a result of this thorough market due diligence, Enviroo successfully secured £58 million in funding. The facility is expected to be operational by 2027 and will process up to 35,000 tonnes of plastic each year at Peel NRE’s £165 million Protos Plastic Park near Ellesmere Port.

This project demonstrates what’s possible when innovation is backed by evidence and industry collaboration. RECOUP was pleased to support Enviroo with the insight and due diligence needed to help secure investment for a facility that will play a vital role in the UK’s plastics recycling future. It’s a clear example of how targeted expertise can unlock progress toward circularity, reduce plastic waste, and strengthen domestic recycling infrastructure.

^{Stuart Foster, chief executive, RECOUP}