Portfolio company 2K Manufacturing, a waste plastics recycling company today features in Times Online.
In the article Omer Kutluoglu, discusses how he wants your old computers, kettles and toasters. The managing director of 2K, a start-up company in Luton, is recycling the plastic in redundant household items into a sustainable alternative to plywood.
The former bond trader believes he is sitting on a green goldmine. “There is a mountain of waste plastic and nobody knows what to do with it,” he said.
Plastic is a global problem. Millions of tonnes from sources such as homes, hospitals and old cars go into landfill sites because it is difficult to recycle. Britain alone dumps more than 5m tonnes a year, 80% of which ends up in landfill. Electrical goods account for a significant proportion.
To read the rest of the story, please click on the link: http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article7144743.ece