Energy giant BP has developed a technology to recover polyethylene terephthalate, or pet. This new technology, called BP infinia, can transform pet waste plastics into new raw materials that are comparable to the quality of primary resins.
BP plans to invest $25 million in a pilot plant before launching the product for full commercialization.
"We believe that infinia technology will overturn the recycling application of pet plastics," said Tufan erginbigic, CEO of BP's downstream business. It will be an important step for the polyester industry to achieve a stronger recycling economy and reduce waste plastics. "
It is reported that this technology can transform the hard to recycle PET plastic waste, such as black food tray and colored bottle, into recycled raw materials very similar to the traditional hydrocarbon sou
rces.
Recycled raw materials can be used to make new recycled PET, thus reducing the need for degradation cycle, and transferring plastic waste from landfill, reducing incineration.
Charles damianides, vice president of technology, licensing and business development, BP petrochemicals, said: "we have extensive experience in large-scale technology, and we firmly believe that this innovation can ultimately help to achieve infinite recycling of all pet waste."
The new facility will be put into operation by 2020. It will be based at BP's research and development center in Naperville, Illinois.
Pet is the most popular packaging material in beverage packaging and food hard packaging. Up to 27 million tons of PET are used every year in the world. BP's technology will prevent billions of PET bottles and pallets from burning every year.
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