25 Aug 2007

Inetec has secured a further £1 million of expansion capital from incumbent investors Oxford Capital Partners and Finance Wales.

The additional funding will allow the company to further fuel its expansion and growth.Inetec's patented technology is the only commercially available solution able to treat all types of food waste without the need for pre-treatment, packaging removal or adjustment of the machine and represents a cost effective and environmentally responsible solution to what is becoming an ever increasing problem.

Inetec has already made significant inroads into the £240m UK food manufacturing industry attracting a number of high profile food manufacturers as early customers.