Halocycle secures £2m for chlorine-containing plastic recycling

An estimated £2m has been raised by Hull-based Halocycle Limited to advance its microwave-based chemical recycling technology. Founded in 2020, the company addresses the environmental impact of chlorine-containing waste plastics, such as PVC and PVDC, which are typically difficult to recycle.

The proprietary process converts these materials into oil, gas, and platform chemicals. This service targets manufacturers and recyclers within the plastic packaging supply chain who require circular, low-carbon feedstocks. The firm's vision involves reducing the volume of waste sent to landfill or incineration.

According to the company's latest accounts for the year ended 31 December 2025, the business employed four people. More recent data from LinkedIn indicates the headcount has since grown to six staff members. The founding team brings a combined 40 years of experience in environmental and industrial problem-solving to the venture.

Documentation for the round was filed in July, following an allotment of shares in June. This represents the total funding raised by the business during 2026.