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Recycling
DePoly gets money for recycling
by Alexander H. Tullo
July 1, 2023
| A version of this story appeared in
Volume 101, Issue 21
The Sion, Switzerland–based polyester recycling firm DePoly has raised $13.8 million in a seed funding round led by BASF Venture Capital and Wingman Ventures. DePoly has been developing a technology to break down polyethylene terephthalate into its basic raw materials, terephthalic acid and ethylene glycol, at room temperature and standard pressure. It runs a pilot plant that can process 50 metric tons (t) per year of plastic and aims to build a demonstration facility with 500 t of capacity.
The power is now in your (nitrile gloved) hands
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