Xycle has raised funding to build a plastic recycling plant.
Plastic recycling startup Xycle has secured funding to build its first commercial plant in the Port of Rotterdam. The funding comes from a consortium of investors including Dow, ING, Invest-NL, Vopak and lender Polestar Capital. The plant is scheduled to open by the end of 2026 and will be able to process 21,000 tonnes of plastic waste annually, turning it into feedstock for new products.
