Alliance Prize Winner
COtooCLEAN – the innovative multi-participant project by Nextek Limited – has won the Alliance Prize in Circular Solutions for Flexibles.
Following a five-way pitch at the NYSE on 29 November, Professor Edward Kosior, founder of Nextek won the prestigious prize of $US3million to fast-track COtooCLEAN’s ground breaking process to decontaminate post-consumer plastic films back to food-grade quality.
The event, that was presented live to global brand owners and investors, was the culmination of months of review by a panel of judges who whittled some 600 applications down to 60 highly innovative technologies and then down to five finalists.
As Professor Kosior says – we now have the potential to make a major contribution to the circularity of films in a global context.
Alliance Prize Winner - Nextek - COtooCLEAN
Nextek’s COtooCLEAN project is based on supercritical carbon dioxide to decontaminate plastics films back to food-grade quality.
We are delighted to announce that Nextek’s COtooCLEAN technology is a finalist for the 2023 Packaging Europe Sustainability Awards.
Our innovative tech, to recycle flexible polyolefin films back into food-grade plastic, was entered into the Driving the Circular Economy category and hailed as one of 60 highly innovative technologies.
The winner will be announced at the Sustainable Packaging Summit in Amsterdam on 14-15 November 2023.
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