Gov. Strickland weighs in on NEOinc startup
By NEOinc on Mar 19, 2010 in Akron, News & Updates
As reported on Recordpub.com, Vadxx Energy LLC, a regional startup supported by two NEOinc incubators (AGBA and MAGNET), is exploring a public/private partnership with the Portage County Solid Waste Management District. The District and Vadxx are exploring a public-private partnership to turn plastics into fuel, with the district supplying the raw material and capital and Vadxx operating a pilot plant at the recycling center site on Mogadore Road. Portage County’s is the largest publicly-owned recycling operation in the state, said director William Steiner.
Vadxx Energy LLC, who are developing a process to take plastic refuse and other petroleum-based waste and turn it back into synthetic crude oil and natural gas, also had an opportunity to overview their technology to the Governor, who saw “no downside” to the proposed partnership, where the District and Vadxx would share profits.


