Investors looking to support a ‘greener future’ are being sought by one of the UK’s leading rPET recyclers to drive their ambitions for a greener Circular Economy and expand the UK’s PET recycling capacity
The new owner of QC Polymer is seeking £1 million this year and potentially looking for £5-6 million next year which will significantly upgrade the technologies used to sort and treat PET at the West Midland’s recycling facility.
Managing Director and owner of QC Polymer, Arpan Dhanuka, wishes to further invest in state-of-the-art recycling technologies which will improve efficiency, producing high-quality recycled materials that can be utilised by manufacturers looking for sustainable raw materials.
Since acquiring the company earlier this year, QC Polymer has already developed innovative recycling processes which produce rPET that is virtually indistinguishable from virgin PET in terms of performance, thus appealing to a wider range of industries.
Along with improved technologies, the company has underlined its sustainability commitments putting them at the core of its business model. QC Polymer seeks to obtain capital from investors who share the company’s mission to drive sustainability and reduce plastic waste.
Managing Director and owner of QC Polymer, Arpan Dhanuka, says, “Having already upgraded our recycling technologies we are today seeking investment which will position QC Polymer as a leader in the UK’s rPET recycling industry. We are keen to secure investment from funds and organisations who are committed to driving sustainability, reducing plastic waste and driving a greener Circular Economy. Future investment is vital as QC Polymer secures important partnerships with local councils, major brands and waste management companies and reimagines the way the industry recycles.”