05 Oct 2022 --- British advanced recycling company Recycling Technologies has gone into administration after failing to secure adequate funds to continue its operations. The Swindon-based group created a machine that could turn plastic waste into new products such as crisp packets through a chemical process. Despite receiving £2 million (US$2.26 million) in funding from Zero Waste Scotland and around £75 million in funding through other deals and grants, the group failed to obtain the necessary investments to continue its operations.
