Interface Polymers, a Loughborough, UK-based developer of innovative chemical additives to improve the recyclability and performance properties of key polymers, received an investment from GC Ventures, a subsidiary of PTT Global Chemical PLC.
The amount of the deal was not disclosed.
Established in 2016 and led by CEO Ross Baglin, Interface Polymers is a developer of high-performance additives for performance plastics to enhance recyclability properties. The company, which commercializes inventions made in the Department of Chemistry at the University of Warwick in Coventry (UK) leverages its Polarfin di-block technology to make polyolefins structurally compatible with other materials. Its Polarfin® additives enable compatibilization between polyethylene (PE) or polypropylene (PP) with different kinds of plastics such as PET, PA, EVOH and other plastics. This makes it possible to recycle the mixed plastics widely used in food packaging chains across the world, solving one of the biggest problems in the recycling process today.
FinSMEs
09/05/2023