RePEaT Co., Ltd. said today that it has entered into a deal with Zhejiang Jianxin Jiaren New Materials Co., Ltd., the first firm in the world to receive a licence from RePEaT, to licence its chemical recycling technology for polyester products.
Teijin Limited, JGC Holdings Corporation, and ITOCHU Corporation formed the joint venture RePEaT last month to licence recycling technology based on Teijin’s knowledge of dimethyl terephthalate (DMT), JGC’s general engineering knowledge of plant construction, and ITOCHU’s global network spanning various industries.
The Jinggong Holding Group, which runs enterprises in China focused on environmental management in the steel, textile, building materials, and beverage industries, includes Zhejiang Jianxin, a company founded in 2022. Zhejiang Jiaren New Materials Co., Ltd. is a member of the group. yastmastmastmastmastmastmas, and
RePEaT will offer a method that breaks down polyester chemically, converts it, and then repolymerizes it using the organic substance DMT (PET). The technique will be used by Zhejiang Jianxin in a recycling facility for polyester products that it intends to open in Shaoxing, Zhejiang Province, the following year. RePEaT supports the installation of resource-recovery mechanisms (ecosystems) for the recycling of polyester items to assist minimise CO2 emissions in both the manufacture and eventual disposal of polyester apparel. In order to help create a more sustainable world, the corporation is also attempting to lessen the environmental impact of its own supply chain.
