Seven-figure backing for green concrete
An Aberdeenshire environmental tech firm that is developing a low carbon process for the construction industry has secured a seven-figure investment.
Recycl8 works in collaboration with the waste-to-energy and global construction industries to transform incinerator bottom ash (IBA), often destined for landfill, into a highperforming, low-carbon concrete product.
The firm has secured funding from a group of private investors led by energy industry figures Mike Wilson, founder of Ecosse Subsea Systems, and Doug Duguid, founder of global engineering firm Enermech, to accelerate the technology’s journey to market.
Wilson, who becomes a director at the firm, said: “Recycl8 is a solution-driven, future-focused organisation. The technology they have developed is truly a first in its field.
“If all UK concrete was made with Recycl8 technology we’d save around 2.1 million tonnes of CO2.
“This is a hugely exciting prospect, in particular for both the construction industry and waste-to-energy industry in their bid to tackle the carbon emissions challenges they face, as we all work towards the international net zero targets.
“I am delighted to be part of this journey with the Recycl8 team and I look forward to working closely with our partners.”
The company’s unique process will allow IBA to make up to 60 per cent by volume of the concrete. By replacing high C02 emitting cement and other virgin quarried materials, its technology can help concrete manufacturers reduce their carbon footprint.