German packaging producer Südpack and Clean Cycle, a family office for the Dutch entrepreneurial family Last, have invested in German recycler Carboliq. The investors announced in mid-March that they had signed an agreement for a long-term investment in the Carboliq chemical recycling technology developed by the company's parent firm, the industrial plant engineering specialist Recenso.
“Fundamentally, our joint vision is tackling the problem of high-performance flexible packaging materials that cannot be mechanically recycled with current technology. We aim to make them recyclable and therefore compatible with future needs,” Carboliq CEO Christian Haupts said....