EMV Capital (AIM:EMVC) CEO Dr Ilian Iliev and Marvine Besong, MD and CTO of EMV portfolio company DeepTech Recycling, talked with Proactive's Stephen Gunnion about the company's breakthrough plastic recycling technology and how it supports a circular economy.
Besong explained that traditional recycling methods, such as mechanical recycling, often degrade the quality of plastics and can only process a narrow range of materials. In contrast, DeepTech Recycling uses a process that converts plastics back into oil. “This process can be repeated over and over again without the loss of quality,” he said.
This approach allows for the creation of new, high-quality plastics from waste, significantly expanding the types of plastics that can be recycled and reused. The company is currently focusing on commercial applications in the plastic packaging sector, which accounts for around 40–45% of global plastic waste.
Iliev said the company’s "Venture Build" program is centred on supporting IP-rich, disruptive technologies with scalable potential. He added that DeepTech Recycling’s capital-light structure, which separates project funding from core IP and licensing, offers potential for substantial non-dilutive returns to investors.
Besong noted that the company is nearing final investment decisions on several commercial initiatives. The next 12 to 18 months are expected to include financial close and the launch of revenue-generating projects.
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