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NRW promotes innovative waste recycling: 30 million for Matterr!
The Cooldown ° Earth Foundation welcomes the 30 million euros in funding for Matterr in NRW, to promote waste recycling and climate innovation.
NRW promotes innovative waste recycling: 30 million for Matterr!
The Cooldown ° Earth Foundation congratulated its portfolio company Matterr on the recent funding commitment of the state of North Rhine-Westphalia. As reported ots.at, the funding notice in Düsseldorf was handed over by the Economic and Climate Protection Minister Mona Neubaur. The aim is to avoid the export of waste from industrialized countries that burden the poorest countries.
Matterr has developed an innovative, patented solution to reverse waste into high -quality raw materials. With the received funding of 30 million euros, which comes from the ERRE/JTF program "Productive.NRW", the company can promote the establishment of a second, which is operated on the small-industrial scale, faster.
Innovative technology
The technological core of Matterr's process is the depolymerization of PET under mild conditions. This technique enables molecular upcycling of mixed waste such as multi -layer packaging and textile mixed tissues. The planned facility is said to have an annual capacity of 10,000 tons and go into operation in 2027. Minister Neubaur emphasizes the benefits of these innovations for the climate, the creation of jobs and strengthening innovative strength in the region.
Although Cooldown ° Earth is not directly recipient of the funding, the foundation plays an important role as an early investor. The income from the participation should flow into non-profit climate and environmental protection projects, which further underlines the foundation's commitment in this area. Cooldown ° Earth 2013 was founded by Dr. Annekathrin Edelmann and Wolfgang K. Hoever as a private, non -profit foundation.
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