Credit: Fych Technologies
Closing a Series A funding round with over €6 million in grants and equity, Fych Technologies plans to build an industrial recycling plant and convert 3,000 tonnes of post-consumer multilayer plastics into high-quality pellets annually.
Co-led by the European Innovation Council’s EIC Fund and Lombard Odier Investment Managers’ Plastic Circularity Strategy, the funding round is set to support Fych’s Recycling Multilayer Plastic (ReMLP) project. The new recycling plant will utilize patented delamination and decontamination technologies to process complex plastics, such as post-consumer poly-aluminium.
The delamination process uses water and detergents to separate materials without causing degradation. Then the decontamination stage claims to remove over 96% of odours and toxic compounds using water vapour; this is also set to maximize recyclate quality and safety.
Fych hopes that the facility will help companies safely integrate recycled plastics into new packaging and products in line with the ‘from package to package’ principle. Reportedly, its results already align with EFSA requirements – enabling the use of recyclate in food-contact and sensitive materials like cosmetics.
The new plant is scheduled to begin operations in Q1 2026. With an annual capacity of 3,000 tons, it is expected to recover high-quality recyclate, including rLDPE from poly-aluminium and Bag-in-Box structures, alongside PP and HDPE from brick-type carton closures.
Fych is also set to use the plant as a demonstration centre, showcasing its patented processes to be licensed to, and replicated by, global companies.
In other news, NOVA Chemicals has revealed its plans to launch full operations at its first polyethylene film recycling facility by the end of this year. It is set to collect on average 400 bales of plastic film each day and produce 100 million lbs of recyclate for food- and non-food-grade packaging applications.
Greenback Recycling Technologies and Amcor have also installed an advanced recycling module at Amcor’s Heanor facility, which is expected to convert post-consumer flexible packaging into pyrolytic oil for food-grade plastics. Using Greenback’s Enval advanced recycling technology, it can apparently process both mono-material and multilaminate flexibles.
If you liked this story, you might also enjoy:
The ultimate guide to the Packaging and Packaging Waste Regulation in 2025
How are the top brands progressing on packaging sustainability?
Everything you need to know about global packaging sustainability regulation in 2025
The key to increasing the use of reusable packaging in supermarkets
No comments yet