UK-based Environmental Recycling Technologies (ERT), an IP licensing company focused on plastic waste, has been awarded a US patent for its Powder Impression Moulding (PIM) process.
According to ERT, its PIM technology enables mixed polymers to be recycled into “commercially viable products”. UK licensees include 2K Manufacturing for its Eco Sheet products and Contour Showers, which manufacturers cladding for wet rooms.
Ken Brooks, ERT chairman said: "The grant of this patent is an important milestone for ERT, securing our IP in a key geographic market where there is growing interest in our unique plastics recycling process."
The company reported revenue for the year to December 2011 of £530,000, down from £1m in 2010. Losses before exceptional items were £1.5m, up £100,000 on the previous year.