United Kingdom · Environmental services startup

Plastic Energy

Plastic Energy is a leader in advanced chemical recycling, focused on converting end-of-life plastic waste into high-quality feedstock for producing recycled plastics.

Funding reportedLast round: Undisclosed round

Environmental servicesLondon, United Kingdom

About Plastic Energy

Plastic Energy is a leader in advanced chemical recycling, focused on converting end-of-life plastic waste into high-quality feedstock for producing recycled plastics.

Founded in 2011, the company has developed proprietary technology to tackle plastic pollution and reduce reliance on fossil resources. Headquartered in London, it operates two chemical recycling plants in Spain and is expanding its global presence with additional facilities. The company's main service is its patented Thermal Anaerobic Conversion (TAC) process, which transforms hard-to-recycle plastics into valuable resources. Plastic Energy produces TACOILTM, a recycled hydrocarbon oil that serves as a sustainable feedstock for the petrochemical industry, and TACFILLERTM, a mineral product used in rubber formulations. By supplying these products to major players in the petrochemical and rubber industries, Plastic Energy supports the transition to a low-carbon circular economy, helping to reduce waste and promote sustainability.

What company datasets say Plastic Energy raised

Funding, as reported

Reported in all124Min the source's currency
Rounds3
Last roundUndisclosed round
Last round size159.5M
Last round dateNov 2021
Investors listed5

Funding filed with regulators

Plastic Energy filed 2 raises, $111M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Dec 2024$27MUK share allotment
  2. Nov 2023$83MUK share allotment

Founders and team

From Plastic Energy's own website: 1 founder, 7 on the team.

Carlos MonrealFounder and Chief Executive Officer
  • Christopher StrivensExecutive Vice President of Technology
  • Daniel De SousaVice President of Digital Technologies
  • Hernan CalvoVice President of Sales and Corporate Development
  • Olga OlmedoChief Financial Officer
  • Susan FitzsimonsHead of Communications
  • Charlotte HolderGeneral Counsel
  • Sophie BergmanUK HR Manager

On 4 portfolio pages

Investors who name them

Each firm lists Plastic Energy on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

chemical recyclingadvanced recyclingpolymer recyclingcircular economyend of life plastic waste processingplastic2plasticplastic recycling

Built with from their website

Microsoft Azure MonitorIoTGoogle Tag ManagerWordPress.orgFont AwesomeGitHubMailChimpViewport MetaSVG SupportAI

+8 more

Underscore.jsMicrosoft ExcelMicrosoft SQL Server Reporting ServicesBlazorPriority HintsGoogle Font APIimagesLoadedMicrosoft Exchange

Sector
Environmental services
Industry code
NAICS 325199, 562920, SIC 1382
Region
England
Revenue
6.5M a year, as listed
Full record
Every detail in the company directory

Environmental services in United Kingdom

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