Halocycle is transforming plastic recycling with advanced technology to address environmental concerns.
- The company was recognised as KPMG’s UK Tech Innovator 2024 for its pioneering recycling methods.
- Dr Henrietta Boyd discusses Halocycle’s mission and the impact of winning a major tech award.
- Halocycle focuses on creating a circular lifecycle for PVC plastics, reducing environmental waste.
- Plans are underway for expanding their recycling facilities to meet growing demand.
Halocycle, based in Hull, has been making significant strides in the field of plastic recycling, particularly in dealing with PVC and chlorine-laden materials. The company’s commitment to environmental solutions via innovative technology has earned it the title of KPMG’s UK Tech Innovator for 2024. This recognition is not only a testament to its pioneering methods but also a boost to its team, which has dedicated over 40 years to searching for sustainable answers to industrial and environmental challenges.
Dr Henrietta Boyd, the CEO and co-founder, shared insights into the journey and the impact of participating in global competitions. Winning the award has connected Halocycle with other UK finalists, forming a supportive network and increasing exposure. This has resulted in international interest, such as inquiries from Germany regarding large-scale PVC recycling. Boyd reflected on the competition’s role in refining their pitch and enhancing their exposure to broader audiences, which were pivotal in their growth and recognition.
In discussing the path to sustainable business growth, Dr Boyd emphasised the importance of Environmental, Social, and Governance (ESG) principles. For Halocycle, these principles have been integral from the outset, reflecting Boyd’s longstanding commitment to environmental issues. She notes that sustainability has significantly advanced on corporate agendas, aligning perfectly with Halocycle’s mission to address plastic waste through circularity.
Halocycle is poised for expansion, with plans to secure funding for its first commercial scale recycling plant in northern England by 2025. The demand for such facilities is growing, and while initial plans focus on the UK, European sites are also under consideration due to supportive legislative environments. This expansion illustrates Halocycle’s readiness to meet the increasing need for sustainable recycling solutions, leveraging both regional and international opportunities.
Halocycle’s achievements and forward-thinking strategies underscore its pivotal role in advancing sustainable practices in the recycling industry.
