Impact Recycling, a fast-growing plastic recycling firm, will this week announce a fresh £3.3 million investment from IW Capital.
The new capital injection marks another milestone in the company’s push to expand its unique recycling technology and scale its operations.
IW Capital, an existing investor, is doubling down on its support as the regulatory and commercial landscape shifts toward circular solutions.
Impact Recycling has developed an innovative method to separate mixed plastic waste into high-purity recyclable materials.
Its patented process creates recycled plastics that meet the demanding standards of large industrial and consumer clients.
Nestlé, the Swiss food and beverage giant, has already committed a £7 million loan to the company.
The NHS, another major customer, sends medical plastic waste to Impact’s Glasgow facility for processing and reuse.
In addition to Nestlé and IW Capital, the business counts LG Chem among its strategic backers.
LG Chem is South Korea’s largest chemical company and a global player in advanced materials and sustainability innovation.
The investment comes at a time of sweeping regulatory changes affecting the plastic packaging industry across Europe.
The EU’s Plastic Packaging and Plastic Packaging Waste Directive now mandates 35% recycled content in plastic packaging by 2030.
That target will increase to 60% by 2040, putting mounting pressure on manufacturers to find reliable supply chains for recycled materials.
These rules are pushing industrial players to partner with recycling firms that offer scalable and compliant solutions.
Impact Recycling says its technology and capacity put it in a strong position to meet that growing demand.
The company also received a grant from Innovate UK, the government’s innovation agency, to further develop its proprietary systems.
“We are committed to expanding our operations and improving recycling standards,” a company spokesperson said.
The firm plans to use the new funding to grow its capacity, enhance its technology, and pursue new customer contracts.
Industry analysts view the deal as a sign of investor confidence in the recycling sector’s commercial and environmental potential.
By combining public sector grants, corporate loans, and private equity, Impact Recycling is building a diverse funding base.
The company says it aims to play a leading role in reducing plastic waste and creating a sustainable materials economy.
With investor interest rising and regulation tightening, the recycling industry appears poised for rapid transformation.
Impact Recycling believes its model offers a blueprint for scalable, profitable environmental innovation in a carbon-conscious economy.