According to a report published by Letsrecycle.com, and confirmed by documentation available in the National Archives, plastics recycler Plasticity (Worldwide) has gone into voluntary liquidation.
Liquidators were appointed in late September for the Staffordshire-based recycler, which according to a ‘statement of affairs’ had debts of more than £2m.
Alexander Lawson Jacobs UK have been appointed to wind up the company.
Formed in 2015, the company recycled mixed plastic (including PP and PE films) from a variety of collection sources for production of recycled plastic pellet.
The company was a Recoup member. According to information on the Recoup member page, the company could convert post-consumer waste to virgin-equivalent r-pellet in about 12 hours.
Further, the company claimed it was ‘unique in the way we handle and process mixed rigid plastic waste from Councils and Waste Management Companies across the UK’.
PRW approached the liquidators for comment but had received no response at time of publication.