Revalyu Resources has broken ground on its $200m polyethylene terephthalate (PET) recycling plant in Statesboro, Georgia, the German producer said this week, said Petnology.
The plant is expected to have a recycling capacity of 90,000 tonnes/year (200m lb/year) of post-consumer PET plastic. Construction is expected to be completed in the third quarter of 2025, said the company.
Once functioning at full capacity, the facility is expected to employ 121 workers. Revalyu recycles PET with its own proprietary technology based on glycolysis.
“Compared to conventional PET, Revalyu’s R-PET [recycled PET] is produced using 75% less water, 91% less energy, and saves around 0.7 barrels of oil and 0.2 cubic metres of landfill space per 2000 pounds of PET recycled,” the company said.
We remind, Neste, a Finnish oil company, has concluded a series of processing runs with liquefied waste plastic at its refinery in Porvoo. The purpose of the runs is to better characterize the behavior of the liquefied waste plastic through the chemical recycling process. The end product, called Neste RE, is a raw material for production of new plastic and a replacement for fossil-based material.
mrchub.com