Freestone Announces Closing of Growth Financing for Elemental Recycling
DALLAS, Aug. 2, 2022/PRNewswire/ — Freestone Holdco, LLC (“Freestone”), a portfolio company of Tailwater Capital LLC (“Tailwater”), today announced that it has signed definitive agreements to make an investment in Elemental Recycling (“Elemental” or the “Company”), a Houston-based company that has developed a process to upcycle plastic and other organic waste material into high-quality graphite and hydrogen. Founded in 2019, Elemental will own and operate recycling facilities that use a patented single-step process to efficiently convert organic waste material into high-purity graphite and hydrogen. Elemental’s process uses waste destined for landfills,
August 2, 2022
