Greenback Recycling Technologies

About

Greenback Recycling Technologies is a UK-based advanced recycling company founded in 2018. It focuses on addressing global plastic pollution by recycling flexible, multilaminate post-consumer plastics into reusable materials. The company operates a decentralized network of small-scale plants designed for quick deployment in areas with high plastic waste, such as Mexico and Latin America. Its first plant opened in Cuautla, Mexico, in partnership with Nestlé Mexico, with plans for further expansion. The company utilizes the patented Enval® microwave-induced recycling process to convert waste into π-Oil® and recycled aluminum. Greenback also offers a digital certification and traceability platform called eco2Veritas™, which uses blockchain technology to track waste origins and processing. This platform helps consumer packaged goods (CPG) companies meet their recycled content commitments while ensuring transparency and compliance. Greenback's services include waste collection and sorting, advanced chemical recycling, and digital certification, all aimed at enhancing the recyclability of food packaging.