Australia’s Samsara boosts funding to commercialize depolymerization
Posted on August 1, 2024 by DrRossH in Plastic RecyclingAn Australian company that is commercializing an infinite plastics recycling process has just raised another A$100 million (US$65.5 million) in a new funding round.
Source: Australia’s Samsara boosts funding to commercialize depolymerization | Sustainable Plastics
The Samsara Eco Pty. Ltd. process uses enzymes to break down plastics into their original monomers.
The company has previously told Plastics News the enzymes’ ability to break plastic down to its original monomers means products made from Samsara-developed plastic can be endlessly recycled because the quality does not degrade over time, hence the term “infinite recycling.”
In mid-July, Riley told PN that Samsara Eco’s first proof-of-concept facility is operating at Mitchell, in the Australian Capital Territory (ACT), and construction of an “innovation campus” in Jerrabomberra, in New South Wales, is in progress.
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