March 14, 2007—ECO2 Plastics (formerly ITEC Environmental Group), “the eco-friendly recycling company,” has raised financing to ramp up the first recycling plant in Northern California to full-scale operation and begin development on a second plant in Southern California.
ECO2 says its typical recycling plant can produce 9,000 pounds of clean plastic flake per hour. A similarly sized water-based plant consumes up to 4,500 gallons of water per hour, 24/7, then disposes the water, chemical contaminants, paper, and plastic residue back into the environment, reports ECO2.
ECO2’s proprietary technology uses no water, and delivers the same high quality recycled plastic flake without the waste or chemicals found in existing water-based processes, and at the lowest cost, claims ECO2.
ECO2 Plastics is pursuing a strategy of owning and operating plastic recycling plants worldwide. The company’s stated goal is to establish its clean technology as the standard for all plastics recycling in the US and ultimately worldwide.
For more information visit the ECO2 Plastics Web site.
