Teijin, JGC and Itochu conclude joint agreement on the license business of polyester chemical recycling technology

Teijin Limited, JGC Holdings Corporation and ITOCHU Corporation have signed a joint agreement on the license business of polyester chemical recycling technology from discarded polyester textile products.

This agreement will bring together Teijin’s proprietary chemical recycling technology deployed in the manufacture of polyester, the expertise of the JGC derived from its global engineering business, and ITOCHU’s network of textile industry players. The three companies intend to establish a system for collecting discarded polyester fiber products and cost-effective chemical recycling technology for using such products as raw materials.

Find the press release at https://www.teijin.com/news/

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