Upon completion of the first phase, the plant will recycle and process over 225,000 pounds per day of used PET (polyester) waste into sustainable PET polymers (esters) and rPET chips
Chemical PET recycling company revalyu has announced an investment of $50m to construct a PET recycling plant in Statesboro, Georgia.
The German company has acquired 43 acres of land to build its first facility in the US.
Upon completion of the first phase, the plant will recycle and process over 225,000 pounds per day of used PET (polyester) waste into sustainable PET polymers (esters) and rPET chips. The firm will expand its capacity of up to 450,000 pounds in further expansion.
The PET recycling plant is expected to witness its ground-breaking will take place in the first half of 2023 and the commissioning of the facility is planned for 2024.
According to the firm, the initial phase will help the firm in its worldwide expansion footprint plan and will employ around 70 people.
revalyu founder Vivek Tandon said: “The recycling process is unique and delivers the world’s cleanest, highest quality and most sustainable polyester products to our customers.
“We have commercialised a breakthrough and environmentally sustainable technology and revalyu will become the leading global brand for recycled polyester.
“We continue to seek strong partners globally who wish to work with us on the global rollout of this technology.”
The German firm has already recycled over six billion bottles using the advanced chemical recycling method.
The company claims that the efficient impurity extraction step of the cost-effective recycling process yields recycled PET with the highest purity. The procedure consumes 91% less energy and 67% less water compared to traditional polyester techniques.
Applications by customers have demonstrated that recycled PET from plastic bottles has a quality that is comparable to virgin PET and may be used as a stand-in.
The firm stated that its rPET chips can be utilised to create any type of environmentally friendly PET product after being processed into high-quality recycled PET.