Essen, Germany. Evonik and Oerlikon Barmag have announced their cooperation to promote chemical recycling of Polyethylene terephthalate (PET) waste. Both companies are committed to develop technologies for robust and efficient depolymerisation and purification processes, coupled with an integrated concept for repolymerisation and the associated EPC business models.
Oerlikon plans to implement the full solution by the end of this decade, with the involvement of additional partners for feedstock, technology, and production. The technology will be made available to third parties to help realize the growth potential of PET as a circular plastic without ecological or economic disadvantages.
The PET recycling technology will bring numerous advantages. From a chemical perspective it is a highly efficient process, and it can be seamlessly integrated into existing PET production processes. Operational costs, investment cost and scalability are the key drivers in the development.
The combination of cooperative know-how in catalyst and process technologies will enable the chemical recycling of polyester materials from various closed- and open-loop sources, which require chemical technology to achieve high, fossil-like recyclate qualities.
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