Tag: Syklo

Circular Economy Company Syklo Invests Over 70M to a Pioneering Circular Economy Hub Combining Plastic Recycling and Biocomposite production

Stuart Mitchell

Finnish circular economy company Syklo Ltd. is progressing with its 2024-announced plan to establish a state-of the-art circular economy production hub, combining advanced plastic recycling and biocomposite manufacturing. The facility’s innovative production methods support carbon neutrality and minimise energy consumption. The EUR 70–80 million investment in Hyvinkää, Finland, will create a globally unique circular economy hub, set to commence operations in early 2026. “Syklo’s mission is to create a more sustainable world where materials are recycled, not incinerated. This investment significantly reduces landfill waste and fossil-based plastic dependency and prioritises…

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Circular economy company Syklo to commercialise state-of-the-art biocomposite internationally

Stuart Mitchell

Finnish Circular economy company Syklo has bought 100% of the share capital of biocomposite company Elastopoli. The acquisition reinforces Syklo’s investments in advancing the circular economy in line with its growth strategy. The company’s goal is to achieve an even higher degree of circular economy rate and to refine recycled materials into more valuable products. Elastopoli is a pioneer in the production of pulp-based cellulose biocomposite and has patented its technology worldwide. The technology enables the production of high-quality biocomposites, which can be used to extensively replace technical plastics and…

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