Virgin and Masdar invest in petroleum clean-up firm

clock • 1 min read

Funds gamble on tighter environmental regulations for handling petroleum waste

London-based Virgin Green Fund and Abu Dhabi-based Masdar Clean Tech Fund have acquired DuraTherm, a Texan petroleum and metal-recycling business for an undisclosed sum. The transaction will make the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Recycling

UK concrete sector launches circular economy action plan

UK concrete sector launches circular economy action plan

Plan introduces objectives, actions, and metrics to help carbon intensive sector respond to evolving policy and market expectations

clock 15 July 2026 • 2 min read
New £6.5m project launches to recover rare earth magnets from old EVs

New £6.5m project launches to recover rare earth magnets from old EVs

Project sees industry and academic partners join forces to recover rare earth magnets from end-of-life vehicles and return them to UK manufacturers

clock 10 July 2026 • 2 min read
Fleek secures $25m boost for global second-hand fashion platform

Fleek secures $25m boost for global second-hand fashion platform

Latest investment to help accelerate development of B2B marketplace accompanying AI systems that aim to digitise circular economy supply chains

James Murray
clock 08 July 2026 • 3 min read