28 Feb 2019 --- The PolyMet project has been awarded £800k by the UK Government’s Innovate grant scheme to accelerate its recycling technology. The purpose of the Innovate UK grant is to help develop and bring to market the new recycling technology coined PolyMet. The technology seeks to be the first commercially accessible process for removing the pigment in colored, rigid plastics without destroying the polymers, reports Ecosurety. PolyMet has the potential to create a new market for currently low-value, unrecycled plastics through the production of a reusable plastic feedstock, according to the company.