Industrials & Engineering
Every year over 2.5 million tons of PET plastic is discarded, 2 million tons (over 800 million USD) was exported, and over 8 million tons ended up in our oceans. Due to the current recycling technology, only 7 % of recycled PET bottles are remade into new bottles. If we can close the loop of PET recycling, we can save 2000 gallons of gasoline per ton of plastic, and reduce the energy required to produce new plastic by 66 %. At Deploy, we have developed a novel solution allowing the chemical recycling of PET plastic back to its two main components.