Insights

Financial turnaround Plastic Energy has faced liquidity and administration challenges in early 2026, with bankruptcy declarations and restructuring, presenting an opportunity to discuss strategic supply agreements, asset-backed financing, or equipment leasing to stabilize operations and accelerate project timelines.

Global expansion Despite financial restructuring, the company has announced expansions and startup activity in Western Europe including France, signaling demand for licensed technology, EPC partnerships, and regional feedstock sourcing collaborations to scale chemical recycling capacity.

CEO leadership Founder return as CEO indicates potential for renewed strategic direction and investor confidence; sales conversations could target long-term technology licensing, joint ventures, or performance guarantees tied to revised growth plans.

Strategic partnerships With established plants in Spain and a technology HQ in London and a proven TACOIL feedstock, there are clear sales angles for feedstock off-take agreements, joint development projects, and collaboration with plastics manufacturers seeking circular economy solutions.

Market readiness Plastic Energy operates in a high-interest environmental services sector with sizable funding and revenue bands; propositions around project financing, construction timelines, and scalable modular plants could align with current investor and customer appetite for regenerative recycling technology.

Similar companies to Plastic Energy

Plastic Energy Tech Stack

Plastic Energy uses 8 technology products and services including iCIMS, Canva, GitHub, and more. Explore Plastic Energy's tech stack below.

Media & News

Plastic Energy's Email Address Formats

Plastic Energy uses at least 4 email formats:
Plastic Energy Email FormatsExamplePercentage
First.Last@plasticenergy.comJohn.Doe@plasticenergy.com
90%
Last@plasticenergy.comDoe@plasticenergy.com
7%
First.Middle@plasticenergy.comJohn.Michael@plasticenergy.com
2%
First.MiddleLast@plasticenergy.comJohn.MichaelDoe@plasticenergy.com
1%

Frequently Asked Questions

What is Plastic Energy's official website and social media links?

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Plastic Energy's official website is plasticenergy.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Plastic Energy generate?

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As of August 2026, Plastic Energy's annual revenue is estimated to be $10M - $25M.

What is Plastic Energy's NAICS code?

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Plastic Energy's NAICS code is 54162 - Environmental Consulting Services.

How many employees does Plastic Energy have currently?

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As of August 2026, Plastic Energy has approximately 154 employees across 6 continents, including Europe, Asia and North America. Key team members include Chief Executive Officer: I. T., Chief Financial Officer: R. K. and Vp Sales & Corporate Development Western Hemisphere: A. A. Explore Plastic Energy's employee directory with LeadIQ.

What industry does Plastic Energy belong to?

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Plastic Energy operates in the Environmental Services industry.

What technology does Plastic Energy use?

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Plastic Energy's tech stack includes iCIMS, Canva, GitHub, WordPress, Shopify, Microsoft Azure, Adobe Creative Suite and Autodesk.

What is Plastic Energy's email format?

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Plastic Energy's email format typically follows the pattern of First.Last@plasticenergy.com. Find more Plastic Energy email formats with LeadIQ.

How much funding has Plastic Energy raised to date?

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As of August 2026, Plastic Energy has raised $168M in funding. The last funding round occurred on Nov 08, 2021 for $168M.

When was Plastic Energy founded?

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Plastic Energy was founded in 2011.
Plastic Energy logo

Plastic Energy

Environmental ServicesEngland, United Kingdom51-200 Employees

Plastic Energy is an environmental services company focused on chemical recycling of post-consumer plastic waste. It uses a patented process to transform end-of-life plastics, typically destined for landfill or incineration, into Tacoil, a recycled oil that can feed into the production of clean recycled plastics. This approach supports the circular economy by creating a use for plastic waste that would otherwise be lost to disposal.

Headquartered in London, England, Plastic Energy operates industrial plants in Almeria and Seville, Spain. Its customers are manufacturers and other stakeholders seeking reliable feedstocks derived from recycled plastics to reduce waste and dependence on virgin materials. In March 2026, Plastic Energy announced an expansion of its European footprint with the startup of an advanced recycling plant in France, in collaboration with TotalEnergies.

Section iconCompany Overview

NAICS Code
54162 - Environmental Consulting Services
Founded
2011
Employees
51-200

Section iconFunding & Financials

  • $168M

    Plastic Energy has raised a total of $168M of funding over 3 rounds. Their latest funding round was raised on Nov 08, 2021 in the amount of $168M as a Venture Round.

  • $10M - $25M

    Plastic Energy's revenue is estimated to be in the range of $10M - $25M

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