India: Revalyu Resources, a leader in
glycolysis-based chemical recycling, has announced a significant expansion of
its operations in Nashik, India, with the commissioning of a second
polyethylene terephthalate (PET) recycling plant. This move increases the
site’s production capacity to 175 tons per day, enabling the recycling of more
than 20 million PET bottles daily.
“Our Nashik site underscores our
strategic vision of reinforcing our leadership position in the PET recycling
landscape globally. We will continue to explore collaborations globally to
build scale and create market opportunities,” said Makarand Kulkarni, CEO of Revalyu India.
The expansion highlights Revalyu's drive
to meet growing demand for sustainable solutions. The recycled PET (rPET)
produced at the facility is widely used across industries, including packaging,
textiles, automotive accessories, and other PET co-polymer applications.
A third plant, currently under
construction at the Nashik site, is set to add another 130 tons of daily
capacity by the second half of next year. With an overall investment of $100
million, Revalyu projects that by late 2025, the Nashik complex will be capable
of recycling 35 million PET bottles per day, producing up to 310 tons of rPET
daily.
“This is a revolutionary moment for the
PET plastic recycling industry,”
said Dr. Vivek Tandon, founder of Revalyu Resources and the Revalyu
Group. “Finally, the world has a commercially proven, scalable, profitable
and environmentally sustainable recycling technology that can truly reverse
engineer used PET plastic into virgin grade-quality PET polymer."
Revalyu’s patented glycolysis-based
recycling process significantly reduces environmental impact. Compared to
conventional PET production, this technology consumes 75% less water and 91%
less energy, making it both cost-effective and eco-friendly.
“Our 100 percent-postconsumer-recycled
polymer can seamlessly replace conventional PET in any polyester or PET
application,” noted Jan
van Kisfeld, Managing Director of the Revalyu Group. “Our new plant
demonstrates two critical achievements: first, that this chemical recycling
process is commercially viable on a global scale, and second, that it operates
with an impressively low environmental footprint.”
Revalyu is not stopping at India. The
company plans to establish a 260-ton-per-day PET recycling facility in the
United States by 2027 and aims to increase global production to over 1,100 tons
per day by 2030 through strategic partnerships and expansions.
According to TechSci Research, the expansion of Revalyu Resources’
PET recycling capacity in India represents a pivotal development for the
chemical industry, particularly in sustainable polymers. With its patented
glycolysis-based chemical recycling technology, Revalyu addresses two critical
industry challenges: reducing dependence on virgin PET derived from
petrochemicals and meeting the rising demand for eco-friendly materials. This
innovation strengthens the industry’s value chain by offering high-quality,
virgin-grade recycled PET that seamlessly integrates into diverse applications,
including packaging, textiles, and automotive products. Furthermore, the
technology’s efficiency—using 75% less water and 91% less energy—positions it
as a cost-effective and scalable solution for manufacturers aiming to achieve
ESG goals.