Heraeus acquires majority in Indian PET recycling company

German chemicals group Heraeus Holding GmbH has acquired a majority stake in PET recycler Perpetual Technologies and renames the company Revalyu Resources. Revalyu has developed a low-energy depolymerization technology to recycle post-consumer PET bottles into esters, the base for polyester fibers. According to the company, the technology provides a cost-effective ...

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