An innovative new chemical recycling solution for PET and polyester is on the precipice of commercial release having been funded by the EU’s Horizon’s 2020 programme and backed by a consortium of companies including H&M.
Since its inception in 2011, the depolymerisation technology has been scaled rapidly and, in 2017, was able to harness investment to the tune of €8 million under a project called ‘DEMETO’, which ends this year.
“The DEMETO project now has the aim to build the first industrial-scale demonstration plant… this will be finished at the end of the project in 2020,” Gr3n CEO and the technology’s inventor, Maurizio Crippa, told Ecotextile News.