Magmark develops magnetizable coatings for PETG shrink sleeves, enhancing the recyclability of packaging by improving sorting efficiency in recycling operations. This technology transforms problematic labels into preferred options, enabling compliance with recycling standards and reducing waste in the packaging industry.
Funding
$250K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
PETG shrink sleeves on beverage containers pose a challenge to recycling facilities because they are difficult to sort, often contaminating the PET recycling stream and reducing the yield of high-quality recycled PET. Current recycling processes struggle to differentiate between PETG and PET, leading to inefficiencies and material loss.
Solution
Magmark has developed magnetizable coatings for PETG shrink sleeves that enable efficient separation of labeled containers during the recycling process. By applying these coatings, the sleeves become detectable by magnetic sorting equipment commonly used in recycling facilities, allowing for accurate removal of PETG from the PET stream. This technology transforms PETG shrink sleeves from a problematic packaging component into a preferred option for recycling, improving the overall quality and volume of recycled PET. The coatings facilitate compliance with recycling standards and contribute to a circular economy by reducing waste and maximizing material recovery.
Target Audience
The primary target audience includes packaging manufacturers, consumer brands using PET containers with shrink sleeves, and recycling facilities seeking to improve the efficiency and effectiveness of their PET recycling processes.
Features
- Magnetizable coatings specifically designed for PETG shrink sleeves.
- Compatibility with existing magnetic sorting equipment in recycling facilities.
- Demonstrated improvement in the sorting efficiency of PETG-labeled containers.
- Allows PET bottles with sleeves to be considered "Optimally Recyclable" by How2Recycle standards, without sleeve removal.
- Enables brands to meet U.S. Plastics Pact Target 1 by transforming problematic PETG shrink sleeves into preferred recyclable options.