01 Aug 2022 --- Itero has collected €6 million (US$6.15 million) in investments – including €5 million (US$5.12 million) from Infinity Recycling’s Circular Plastics Fund (CPF) – to finance the design and building of the company’s first at-scale chemical recycling demonstration facility at the Brightlands Chemelot Campus in Geleen, Netherlands. The company states that the demonstration facility will be capable of processing 27,000 metric tons of residual plastic trash per year, which is similar to the whole amount of plastic packaging waste generated by the city of Amsterdam, Netherlands, annually.
