NAPERVILLE, ILLINOIS - Oil giant BP is to invest US$25 million on a pilot plant to test new technology said to be capable of recycling PET plastic waste into high-performance polyester for clothing, packaging and industrial fibre products.
BP says its new enhanced recycling technology, BP Infinia, enables currently unrecyclable polyethylene terephthalate (PET) plastic waste to be diverted from landfill or incineration and be transformed back into new "virgin-quality" feedstocks.
The new facility will be built at the firm’s research and development hub, in Naperville, Illinois, and is due to come online in late 2020. If the trials prove successful, BP will then move on to full-scale commercialisation.
