Interface Polymers raises £2m led by 24Haymarket to scale production of its plastic additive technology.
Private capital investment group 24Haymarket led the financing round for the chemical technology business.
Share allotment filed at Companies House
Interface Polymers develops copolymer additive technology to modify the surface properties of common plastics, allowing adhesion between incompatible materials.
Interface Polymers has secured £2m in an investment round led by 24Haymarket. The capital will be used by the company to scale up production and further develop its product applications across several industries.
The business focuses on polyethylene-based additives designed to combine with polar polymers such as polyethylene terephthalate and polystyrene. Its technology targets applications including the elimination of tie layers in packaging and the recycling of mixed plastic waste.
Phil Smith, chief executive officer at Interface Polymers, noted strong interest from overseas customers waiting to trial the company additives.
Use of funds
- 01Build out infrastructure
- 02Continue product development
Investors
Categories
About the company
Interface Polymers
Interface Polymers produces additive technology that enables adhesion between incompatible plastics.