GR3N has closed a €15.5 million Series B round led by 360 Capital to expand its patented PET chemical recycling technology. The funding will support the development of a large-scale recycling facility in Spain capable of processing 40,000 tons of PET waste annually.
Borouge International, BlueAlp, and Woosh have partnered to chemically recycle disposable baby diapers into pyrolysis oils that can be used to create new polymers, advancing circular economy solutions for hygiene waste in Europe.
Borouge International showcased its global expansion and recycling strategy at PRSE, highlighting investments in chemical recycling, recycled feedstock, and circular plastics solutions across global markets.
Plastic Energy, the UK-based chemical recycling company behind the TAC process, has entered administration due to liquidity issues. Its Spanish subsidiaries and recycling plants in Seville and Almería remain operational while administrators seek buyers for key assets and patents.
CCEP is expanding its circular economy efforts with a new Pacific PET recycling program that collects plastic waste from island nations and processes it in Australia into food-grade rPET, supporting both environmental sustainability and regional economic development.
A major industrial milestone confirms that polyester waste can be fully transformed into new textile-grade materials through validated large-scale recycling technology.
Plastic pyrolysis is emerging as a key solution for global plastic waste, offering strong growth potential, industrial scalability, and integration with the petrochemical value chain.
Clariant, Borealis and SINTEF demonstrate a breakthrough in pyrolysis oil upgrading technology, transforming plastic waste into high-quality feedstock for circular polyolefin production and advancing scalable chemical recycling solutions.
Sulayr Recycling and TOMRA are accelerating tray-to-tray PET recycling in Europe through advanced sorting technology, creating a scalable circular model for food-grade packaging.
