Evonik and Oerlikon collaborate for chemical recycling of PET
Sustainability

Evonik and Oerlikon collaborate for chemical recycling of PET

Innovative technologies and sustainable business models to increase value chain reach

  • By ICN Bureau | January 23, 2025

Evonik and Oerlikon Barmag have announced their cooperation to promote chemical recycling of Polyethylene terephthalate (PET) waste.

Both companies are committed to develop technologies for robust and efficient depolymerisation and purification processes, coupled with an integrated concept for repolymerisation and the associated EPC business models.

Oerlikon plans to implement the full solution by the end of this decade, with the involvement of additional partners for feedstock, technology, and production. The technology will be made available to third parties to help realize the growth potential of PET as a circular plastic without ecological or economic disadvantages.

“This partnership marks a great step forward in the chemical recycling of PET. Our new catalytic processes and chemical technologies will complement the current mechanical recycling approach enabling high recycled PET content from heavily contaminated and mixed PET waste that would otherwise be incinerated or landfilled. This way we are actively supporting a sustainable circular economy,” said Max Preisenberger, Head of Catalysts at Evonik.

“We are firmly convinced that with Evonik we gained a strong and experienced partner in the field of specialty chemicals, and together we will establish a significant market position as a total solution provider in the growth market for chemical recycling of PET, but also drive the next generation of sustainability within the plastics industry,” said Georg Stausberg, CEO of Oerlikon Manmade Fibers Solutions.

The partners plan to fully launch and commercialize the jointly developed chemical recycling technology solution by the end of the current decade.

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