Vadxx Energy has closed on financing for its first commercial-scale, plastic waste-to-energy facility, located in Akron, Ohio.
The facility is scheduled to go online early 2015, and will recycle almost 60 tons per day of waste plastics.
Vadxx entered a financial agreement with private equity firm, Liberation Capital.
The facility will be commissioned and manufactured by Rockwell Automation, a procurement and construction contractor.
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