Poseidon is an enhanced recycling company focused on developing and commercialising its PET recycling process. The Poseidon process breaks down coloured, and opaque waste PET to its base chemical building block, which is then purified to create a proprietary feedstock, Poseidon rBHET©. The feedstock is then remanufactured into virgin-like erPET©. In 2021, Poseidon entered an RTO process with Curzon Energy Plc, a company listed on the Main Market of the London Stock Exchange. The transaction is expected to complete early in 2022. Poseidon is the first European plastic recycling company to have received Green Bond pre-issuance certification under the global Climate Bonds Standard.