Word of the day - recyclates

Design Week reports that "Giraffe Innovation is working on the designs of two products which could be the first electrical goods containing recycled materials to hit the high street." They're using recyclates to make a hi-fi and a TV.

What are recyclates you say? Here's a definition:

Recycled material that will be used to form new products. This material will normally have undergone some form of treatment e.g. plastic pellets, produced from collected plastic bottles, to be re-used as a new product.

Could this be a sign that manufacturing is getting in on the upcycling act?