Novoloop is making tons of upcycled plastic

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Plastic has a recycling problem. Only about 9% of plastic gets recycled, and a majority of that waste comes from single use items like plastic grocery bags. It’s partly a design problem — they’re made to be discarded. But it’s also a technology problem because recycling such films isn’t easy, and the results usually aren’t great.

Novoloop says it has developed a way to take those troublesome plastics and turn them into something other companies actually want to buy. 

The California-based startup recently completed a test run of…



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Novoloop is making tons of upcycled plastic


Plastic has a recycling problem. Only about 9% of plastic gets recycled, and a majority of that waste comes from single use items like plastic grocery bags. It’s partly a design problem — they’re made to be discarded. But it’s also a technology problem because recycling such films isn’t easy, and the results usually aren’t great.

Novoloop says it has developed a way to take those troublesome plastics and turn them into something other companies actually want to buy. 

The California-based startup recently completed a test run of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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