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Innovate Recycle Ltd
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==Summary== Only 2% of the 400,000 tonnes of discarded carpets in the UK is recycled. The rest goes into landfill or incinerated. Innovate Recycle aims to build a new carpet recycling plant in Northamptonshire that, once it is complete, would be able to recycle carpet into reusable materials. It has already received a grant funding of up to Β£2.35m. * UK carpet market est to expand at a rate of 3.3% between 2019 & 2025 * UK is one of the leading manufacturers & consumers for carpet in Europe. * Burning waste carpet is est to have a CO2 impact of Β£16m p.a in the UK * Circular economy: growing demand for recycled polypropylene.
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