Orlen VC backs Scottish recycling startup ReVentas
Orlen VC invests in Scotland-based ReVentas to advance cutting-edge plastic purification technology
Orlen VC has announced a strategic investment in Scottish startup ReVentas, a company with patented technology for purifying plastic waste to enable its reuse in sectors such as packaging and automotive manufacturing.
The investment aligns with Orlen Group’s broader goals of climate neutrality and circular economy adoption. ReVentas’ innovative solution addresses one of Europe’s most pressing challenges: the shortage of high-quality recycled plastic suitable for reuse in consumer and industrial applications.
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ReVentas’ technology purifies the two most commonly used plastics globally—polyethylene and polypropylene—which together make up nearly 50% of the 390 million tonnes of plastic produced each year. The process involves dissolving the plastic polymers and removing contaminants such as dyes, fillers, and fragrances, yielding clean, homogeneous polymers that can be reused to manufacture packaging, car parts, and various consumer goods.
“We focus on innovation-driven development. We are actively seeking advanced solutions that give us a competitive edge and help us meet our strategic goals,” said Orlen CEO Ireneusz Fąfara. “This investment helps us implement circular economy principles while preparing for future EU regulations.”
Preparing for EU regulations and future demand
From 2030, EU law will require that packaging include at least 10% recycled content. Currently, Europe faces a significant shortfall in high-grade secondary raw materials to meet that mandate.
“Fulfilling this obligation will be a challenge,” said Marek Garniewski, President of Orlen VC. “But we see it as a business opportunity, and our investment in ReVentas allows us to capitalize on this need for cutting-edge recycling solutions.”
Tom Rose, CEO of ReVentas, expressed enthusiasm about the partnership:
“This investment brings not just funding but also a strategic partner in ORLEN. We see huge potential for deploying our technology across Central Europe, and ORLEN is the ideal partner to support our commercial scaling.”
Expanding Orlen VC’s cleantech portfolio
Since its launch, Orlen VC has invested approximately PLN 250 million (around €57 million), building a portfolio of 13 technology startups and two investment funds. This latest deal strengthens its position in cleantech and materials recovery innovation.
ReVentas is also backed by Beiersdorf Venture Capital, the investment arm of the skincare giant, and Scottish Enterprise, a public agency promoting innovation and entrepreneurship in Scotland.
The investment not only bolsters ReVentas’ growth trajectory but also underscores a growing trend of cross-border cooperation in sustainable technology between Central Europe and the UK.
