Oerlikon Barmag and Evonik are both leading suppliers in their respective key markets. The Remscheid-based machine and plant manufacturer Oerlikon Barmag contributes its expertise in polymer processing for the production of chemical fibers and packaging materials to the new partnership. In addition, as a core brand of Oerlikon Manmade Fibers Solutions of the Swiss Oerlikon Group, the company has excellent international market access in the polymer processing industry.
Evonik is one of the world's leading manufacturers of specialty chemicals, dedicated to driving sustainability initiatives and developing next-generation solutions. The partnership with Oerlikon Barmag aims to advance technology and process solutions for the chemical recycling of PET, leveraging innovative catalytic processes.
Investing in a sustainable future
The partners plan to fully launch and commercialize the jointly developed chemical recycling technology solution by the end of the current decade. The intensive involvement and active participation of other companies within the ecosystem (including feedstock, technology and production) and the establishment of a global development partner network are planned.
“We are firmly convinced that with Evonik we gained a strong and experienced partner in the field of specialty chemicals, and together we will establish a significant market position as a total solution provider in the growth market for chemical recycling of PET, but also drive the next generation of sustainability within the plastics industry,” says Georg Stausberg, CEO of Oerlikon Manmade Fibers Solutions.