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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
Advertisement

Most Popular in Environment

A flask of ethylene glycol and a pile of powder that it terepthalic acid.
Credit: DePoly
DePoly's technology breaks polyethylene terephthalate down into terephthalic acid (solid) and ethylene glycol (liquid).

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.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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