Carbios has reaffirmed its plan to build the Longlaville PET biorecycling plant, postponing the project by about three months while it finalizes the remaining financing in the first half of 2028.
Italian companies Saipem and Garbo have agreed to collaborate to commercialize the latter’s proprietary depolymerization technology, called ChemPET. The process converts waste PET into high-quality, high-value PET that can be reused in the chemical and food industries.
US nylon giant Ascend Performance Materials has acquired an undisclosed majority stake in compatriot Circular Polymers, a recycler of post-consumer high-performance polymers including PA 6 and 6.6, polypropylene and PET.
