Poseidon Enhanced Technologies
Poseidon aims to provide the lowest-cost solution for the food and beverage industry to achieve its goal of reducing the use of virgin PET* and single-use plastics. Poseidon's mission is to convert waste PET into 100% recycled feedstock for the global food-grade PET packaging and fibre industries, utilising its patented environmentally-friendly chemical recycling process.
Poseidon's proprietary chemical recycling technology is designed to process all 'waste' PET plastic, including previously unrecyclable plastics such as coloured bottles, trays, fibre and films, converting them directly into Poseidon rBHET™, an interim feedstock for the global PET industry, thereby completing a Circular Economy. Poseidon is currently developing its recycling technology at its facilities at Teesside, UK and is planning an industrial scale roll-out which is expected to be facilitated by the listing process and an associated capital raise.
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