Thursday, January 8, 2009

RECUPYL obtains EUR 14.5m Investment

RECUPYL, hazardous waste recyclingRECUPYL, hazardous waste recycling


Based on its knowledge of hydrometallurgy, Recupyl has built up a portfolio of patents for processes to treat a broad range of hazardous and industrial waste products. Since 2006, it has started a program to develop operational treatment facilities utilising its technologies, with a particular focus on household and electronic waste batteries.

Recupyl also acts as a leading R&D partner for many multinational companies who need to address the post-life treatment of their products. Examples of this include the recycling of fuel cells, electric and hybrid vehicle batteries, and solar panels. Recupyl has a team of highly skilled engineers, a laboratory with highly sophisticated analytical equipment, and a fully licensed industrial building in which it builds its pilot plants.In 2007, Recupyl was awarded the first prize for Clean Technology by Ademe, the French Environmental Protection Agency. Recupyl has also been awarded the 'Medaille du Prix Potier 2008' for innovation in chemistry for sustainable growth.

Recupyl S.A.S., which is headquartered in Grenoble, France, has received a commitment for a EUR14.5m capital injection from investors including its original backer Aloe Private Equity, as well as new investors, led by AGF Private Equity, to fund the next stage of its commercial development. Seed investor INPG Enterprise SA also maintained its shareholding.

Source : RECUPYL

More information : www.recupyl.com

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