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The Recycling Commercialisation Centre signs up Recyclatech


Imperial Innovations Group plc

(“Imperial Innovations”)


Imperial Innovations Group plc (AIM:IVO), a leading technology transfer and commercialisation company, announces that the Recycling Commercialisation Centre (the “Centre”), managed by Imperial Innovations on behalf of WRAP (Waste & Resources Action Programme), will provide incubation and support services to Recyclatech, a Scottish company focused on the recycling of rubber tyres.

Directives[1] outlawing the disposal of whole and processed tyres in landfills have created a significant market opportunity in the recycling of rubber tyres. Approximately 50 million tyres expire every year and yet there are very few commercially viable, high volume devulcanisation processes which convert recycled rubber into a form suitable for incorporating into new high technology rubber products in significant proportions. As a result, around half of the rubber material derived from waste tyres in the UK is used for low value applications such as replacement for aggregates in engineering applications, or energy recovery in the manufacture of cement. However, Recyclatech, a company based on research carried out at Napier University in Edinburgh, has demonstrated the technical feasibility of a novel micro-biological rubber devulcanisation process. The company is developing a recyclate that can be used in new high value rubber products in greater proportions than currently achieved.

The Recycling Commercialisation Centre, funded by WRAP and managed by Imperial Innovations, aims to support recycling companies and technologies which have commercial potential. The Centre will assist in commercialising the Recyclatech process by:

- Providing resources and support for technical testing

- Offering assistance with business planning

- Identifying sources of funding

- Developing the company towards investment readiness

- Assisting with the identification of markets and customers


Susan Searle, Chief Executive Officer of Imperial Innovations said,

“This technology has the potential to revolutionize the rubber recycling industry. We look forward to working with the team at Recyclatech.”

Bill Findlay, Chief Executive Officer of Recyclatech said,

“Today, valuable applications are sought for end-of-life tyres. Recyclatech has the potential to reuse significant volumes of waste rubber into new tyres and we are very pleased that the development of this technology will benefit from the help and support of the WRAP funded Recycling Commercialisation Centre.'

--------------------------------------------------------------------------------

[1] The Landfill Directive (1999/31/EC) and the End-of-Life Vehicle Directive (2000/53/EC)


Publisher Contact Information:

M: Communications
+44 (0) 20 7153 1540
simons@mcomgroup.com

Company profile of Touchstone Innovations (formerly Imperial Innovations)
Past press releases of Touchstone Innovations (formerly Imperial Innovations).

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