The technology, named ChemPET, is Garbo’s proprietary depolymerisation technology which converts polyethylene terephthalate plastic waste, commonly known as PET, into new, high-quality PET and, therefore, of high value for the chemical and food industries.
The agreement also provides for Saipem and Garbo to collaborate on the construction on an industrial scale of the first chemical plastic recycling plant in Italy, located in Cerano in the province of Novara.
ChemPET is based on a chemical recycling technology that, unlike the mechanical process, enables the recycling of types of plastics for which no alternative solutions exist today (such as coloured plastics) and produces higher quality material that, in contrast to the mechanical process, does not lose its properties as it is recycled. ChemPET also allows for a simpler process and by-product management and does not involve the use of flammable or hazardous substances. It therefore represents a solution to the expected growth in demand for recycling of plastics and of PET in particular, also in light of increasingly stringent regulations. Today, PET is mainly used for the production of bottles and packaging.
