Funding boost for Swansea business giving recycled plastics a second life

Thursday June 18th, 2020

Welsh Government is investing £300,000 in Smile Plastics, an innovative firm which gives recycled plastics a new lease of life.Government Opportunities

The Swansea-based business, which transforms waste plastics from food and cosmetic packaging for use in architecture and the luxury design industry, will use the funding to create 18 new jobs and safeguard two more. The jobs will be crucial in supporting the local economic recovery from coronavirus (COVID-19).

The funding will also help the company, which supplies global brands including Stella McCartney and Christian Dior, to expand and increase its production to help satisfy a growing demand for its products.

These include making colourful and decorative surfaces and installations from used plastics for commercial work surfaces and panelling and residential shower surrounds and furniture.

It will also increase the amount of material Smile Plastics recycles every year.

Smile Plastics will receive a £150,000 repayable loan from the Economy Future’s Fund and a further £150,000 grant from the Circular Economy Fund, which is administered by WRAP Cymru on behalf of Welsh Government.

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