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.

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