PVC Recycling, a Stalybridge, UK-based provider of recycling plastic waste solutions, raised £500k in funding.
The investment was provided by The North West Fund for Energy & Environmental, which is managed by 350 Investment Partners.
Founded in 2007 by Ian and Joanne Murray, PVC Recycling develops processes for recycling PVC. The recycled PVC is derived from waste materials, typically from demolished housing.
The company intends to use the funds to expand current activity, with plans to develop more satellite depots across the UK and increase exports to Europe, as well as to increase staff by 10 people in the next 12 months.
FinSMEs
03/10/2013