A Swindon company whose innovative new technology converts plastic waste back into oil has appointed a petrochemical expert to its board.
Paul Turner, managing director of Marcian Ltd, a privately owned advisory company to leaders in the plastics and chemical sectors, has joined Recycling Technologies as a non-executive director.
Paul has spent his whole career in the petrochemical sector and has worked with some of the largest chemical companies in the world including LyondellBasell, Borealis and The Dow Chemical Company.
South Marston-based Recycling Technologies has developed and patented a plastics recycling machine, the RT7000 that converts plastic waste back into oil, called Plaxx, from which new plastics can be made.
“I am incredibly excited about the opportunity that Recycling Technologies presents and believe that my extensive chemical and plastics industry expertise will be extremely beneficial to the leadership team," said Paul.
"Now in the midst of a second crowdfund which has already gone over its minimum target, I can see the huge potential of the company as it starts to build its fleet of 12 machines, starting with the first commercial RT7000 in Scotland next year.
"I am keen to get started and realise the pivotal role that Recycling Technologies is playing, helping to drive the sustainability of the petrochemical sector.”
Adrian Griffiths, CEO of Recycling Technologies, said: “We are thrilled to have Paul on the board. His extensive chemical industry expertise and global strategic leadership skills will prove invaluable to our longer-term strategies for the growth and development of Recycling Technologies and to our current commercialisation phase.
"In particular, his wealth of petrochemical experience will help Recycling Technologies pursue its feedstock recycling goal, delivering seven million tonnes of Plaxx to the global market by 2027.”