Nov 9, 2018
RES Poly acquired by major investor
Written for KPC News
ASHLEY — Brightmark Energy, a San Francisco-based renewable energy development company, said today it has acquired a majority interest and invested $10 million in a plastics-to-fuel technology company, RES Polyflow.
Brightmark is committing to an additional $47 million investment in the first commercial-scale plant to use RES Polyflow’s technology, which will be built in Ashley.
Brightmark has partnered with RES Polyflow, an Ohio-based energy technology company that innovated the process for converting plastics directly into transportation fuel and other products, on the creation of a platform for developing future plastics-to-fuel projects.