Oerlikon Barmag and Evonik have announced a
strategic partnership to advance chemical recycling
technologies for Polyethylene Terephthalate (PET) waste.
The collaboration focuses on developing robust and efficient
processes for depolymerization and purification, combined
with an integrated approach to repolymerization and associated
EPC (Engineering, Procurement, and Construction)
business models.
The joint chemical recycling technology is expected to be
fully commercialized by the end of this decade. The
initiative includes engaging other stakeholders across the
value chain, such as feedstock suppliers, technology
developers, and producers, while establishing a global
partner network to support its growth.
Georg Stausberg, CEO of Oerlikon Manmade Fibers
Solutions, expressed confidence in the partnership, stating,
“With Evonik as a strong and experienced partner in
specialty chemicals, we aim to secure a significant market
position as a comprehensive solution provider in the
growing PET chemical recycling sector, driving
sustainability advancements in the plastics industry.”
Max Preisenberger, Head of Catalysts at Evonik,
highlighted the transformative potential of their
collaboration. “Our innovative catalytic and chemical
technologies complement existing mechanical recycling
methods, enabling the processing of heavily contaminated
and mixed PET waste that would otherwise be landfilled or
incinerated. This partnership actively supports a
sustainable circular economy,” he said.
Lukas Adamek, Head of Strategy & Business Development
at Oerlikon Manmade Fibers Solutions, emphasized the
unique strengths of the collaboration. “By combining the
complementary expertise of both companies with Oerlikon
Barmag’s PET processing and market access, we aim to
create a circular economy for all types of PET waste. Our
scalable technology will empower global PET producers and
processors to enhance sustainability and contribute
significantly to a circular economy,” he explained
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