Oxford Technolog Park (OTP) is proud to announce Repolywise as the winner of the Innovation Award at the Cherwell Business Awards 2025. The prestigious event took place at The Chesterton Hotel on Friday 19th September, celebrating outstanding achievements in business across the Cherwell District.
Repolywise is pioneering a new approach to plastic recycling by transforming unrecycled waste plastics into new materials. Its innovative “atomic scissors” process breaks down waste plastics into propane, their starting material, using a combination of heat, hydrogen, and a catalyst. The propane is then converted into new polypropylene plastic through dehydrogenation or gas cracking. Designed to address significant gaps in the current recycling market, Repolywise’s technology has proven effective across a wide range of waste plastics, representing a major step forward in sustainable materials innovation.
The Innovation Award, sponsored by OTP, recognises companies that are pushing boundaries and driving advancements in science and technology. Repolywise was selected from a competitive pool of finalists, including Oxeco and Zimbl, both showcased exceptional innovation.
Alex Lowdell from Ironstone Asset Management, the Investment Advisor to Life Science REIT and the proud owners of OTP, who presented the award on the evening, said:
“Innovation continues to be at the core of everything we do at OTP. It’s inspiring to celebrate businesses that are driving progress across the science and technology sectors. Repolywise truly reflects this ambition, and we look forward to seeing their ongoing success and contribution to the region’s innovation ecosystem and to the global challenge of plastic recycling.”
Other winners include:
The Becky Moyce Tribute Award
- Michael Rafferty, Warriner School
The Sustainable Business Award, sponsored by Banbury Chamber & District of Commerce
The Young Business Person of the Year Award, sponsored by Kärcher
- Bryan Ng, Founder and CEO of Repolywise
The Business Person of the Year Award, sponsored by Whitley Stimpson
- Vassilis Ragoussis, Managing Director at Oxeco
The New Business Award, sponsored by OJI Marketing
The Micro Business Award
The Small Business Award, sponsored by Bicester Vision and Wednesday Business Club
The Large Business Award, sponsored by SE-Solicitors
The Charity and Community Award, sponsored by Bicester Village
In a show of generosity from the businesses who attended, £1,852 was raised during the evening, with Bicester Village matching this amount, bringing the total to £3,704. The winning charity, Gosford All Blacks RFC/Oxfordshire RFU, will receive £1,852, with the finalists, Cherwell Collective CIC and Bicester Hindu Society, each receiving £926.
For more details about the Cherwell Business Awards, visit the CBAs website.
