Teijin/JGC/Itochu: Cost-effective chemical re...

Cost-effective chemical recycling technology for PET


A joint agreement has been signed by the producer of advanced fibers and composites, Teijin Ltd., Tokyo/Japan, engineering company JGC Holdings Corp., Kanagawa/Japan, and import/export company Itochu Corp., Tokyo, on the license business of polyester chemical recycling technology from discarded polyester textile products. This agreement will bring together Teijin's proprietary chemical recycling technology deployed in the manufacture of polyester, the expertise of the JGC derived from its global engineering business, and Itochu's extensive network of textile industry players. The 3 companies intend to establish a system for collecting discarded polyester fiber products and cost-effective chemical recycling technology for using such products as raw materials.

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