Teijin/RePEaT
(Source: Teijin)
The joint venture (JV) RePEaT has signed an agreement to license its chemical recycling technology for polyester products to Zhejiang Jianxin as the world's first company to be licensed by RePEaT.
RePEaT supports the implementation of resource-recovery mechanisms (ecosystems) for the recycling of polyester products to help reduce carbon emissions in both the manufacture and eventual disposal of polyester clothing. The company will provide a technology that uses the organic compound DMT for the chemical decomposition, conversion and then repolymerization of polyester (PET). Zhejiang Jianxin Jiaren New Materials Co., Ltd., Shaoxing/China, will use the technology in a polyester-product recycling plant, which is planned to start up in Shaoxing, Zhejiang Province next year.
RePEaT Co., Ltd., Tokyo/Japan, is a JV established in January 2023 by Teijin Ltd., Tokyo/Japan, JGC Holdings Corp., Yokohama/Japan, and Itochu Corp., Tokyo, to license recycling technology based on Teijin’s expertise in dimethyl terephthalate (DMT), JGC’s expertise for general engineering in plant construction, and Itochu’s global network spanning diverse industries.
Zhejiang Jianxin, specialized in operating chemical-recycling plants, was established in 2022 and is a member of the Jinggong Holding Group, Shaoxing, which operates businesses in China focused on environmental management in the steel, textile, building materials and beverage sectors.
RePEaT supports the implementation of resource-recovery mechanisms (ecosystems) for the recycling of polyester products to help reduce carbon emissions in both the manufacture and eventual disposal of polyester clothing. The company will provide a technology that uses the organic compound DMT for the chemical decomposition, conversion and then repolymerization of polyester (PET). Zhejiang Jianxin Jiaren New Materials Co., Ltd., Shaoxing/China, will use the technology in a polyester-product recycling plant, which is planned to start up in Shaoxing, Zhejiang Province next year.
RePEaT Co., Ltd., Tokyo/Japan, is a JV established in January 2023 by Teijin Ltd., Tokyo/Japan, JGC Holdings Corp., Yokohama/Japan, and Itochu Corp., Tokyo, to license recycling technology based on Teijin’s expertise in dimethyl terephthalate (DMT), JGC’s expertise for general engineering in plant construction, and Itochu’s global network spanning diverse industries.
Zhejiang Jianxin, specialized in operating chemical-recycling plants, was established in 2022 and is a member of the Jinggong Holding Group, Shaoxing, which operates businesses in China focused on environmental management in the steel, textile, building materials and beverage sectors.
