Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

IDTechEx Asks What the Technology Developments Are Pushing the Frontiers of Chemical Recycling

This image opens in the lightbox

News provided by

IDTechEx

08 Dec, 2022, 12:26 GMT

Share this article

Share toX

Share this article

Share toX

BOSTON, Dec. 8, 2022 /PRNewswire/ -- 

What Are the Technology Developments Pushing the Frontiers of Chemical Recycling?

Chemical recycling of plastic waste is gaining momentum. Headlines on investments, planned expansions, and real-world product launches are all accelerating in frequency and scale. Is this market now at a stage of implementation at scale, regulatory developments, and improving tracking & accounting methodologies, or are there still necessary technology developments?

In this article, IDTechEx explores the early-stage technologies for chemical recycling and assesses the players and likely commercial impact. For an independent analysis on the chemical recycling market, see the brand new IDTechEx market report, "Chemical Recycling and Dissolution of Plastics 2023-2033".

The concept of chemical recycling is taking an end-of-life plastic back to either its monomeric feedstock or further upstream to raw materials and allowing it to re-enter the value chain at virgin-grade quality, in theory, an infinite number of times. There remains a large amount of criticism of this space, particularly concerning the economic and environmental viability, with lobbying and activism groups very prominent on both sides of the debate. As with everything, the reality is more nuanced. Are these processes the perfect solution to all our sustainable polymer needs? No. Do they have no merits whatsoever, particularly in tackling a percentage of plastic waste that mechanical recycling cannot satisfy and would otherwise end up in landfill? Also no. Of course, the sustainability conversation is broader than simply focusing on chemical recycling, but this article will leave this debate to one side and focus on the current and emerging technical solutions.

Depolymerization

Depolymerization is one of the most exciting areas of chemical recycling; it involves breaking down polymer chains into their monomers. This is not appropriate for all polymers, but it can be highly effective for some. The monomer will also hold more value than a raw material, but there are challenges, including the process conditions and the requirements of a more homogeneous waste feedstock, to give two examples.  

The main commercial frontiers are depolymerizing PET by methanolysis, hydrolysis, glycolysis, or the thermal depolymerization of PS. The role of PET in high waste industries of bottles, other packaging, and textiles makes this a key focus area being explored by notable young companies like Loop Industries and major industry players, seen most notably with Eastman's 2022 announcement.

There are several earlier-stage technology developments, such as the use of ionic liquids, but there are two processes close to larger-scale deployments worth highlighting:

1.  Enzymatic depolymerization. This is the use of natural or designed enzymes to degrade plastic waste. The field shot into prominence in 2012 with the discovery in Japan of LCC (Leaf-branch Compost Cutinase) and now includes many more, including leveraging AI in the engineered design as demonstrated by UT Austin. This depolymerization approach is typically focused on PET but not limited there, with opportunities with PU, PC, PA, and more, and commercial engagement is increasing. The most prominent company is Carbios, who announced in 2022 that they would build their first plant in partnership with Indorama Ventures. They have a JDA with Novozymes to produce the proprietary recycling enzyme and end-user partnerships, including Pepsi, L'Oréal, On, Patagonia, Salomon, PUMA, Nestle Waters, Suntory Beverage & Food Europe. Carbios are not alone, as many others enter this field. Another emerging company is Samsara Eco in Australia. In Q4 2022, they announced a AUD$54 million Series A funding round to build their first plant; they expect their recycled packaging on supermarket shelves in 2023 in partnership with Woolworths Group.   

2.  Microwave-assisted depolymerization. When approaching thermal depolymerization, the ability to achieve efficient heat transfer is essential; this is where microwaves could play a role. As with enzymatic processes, there remains a large amount of academic interest, but the commercial success stories are increasing. One of the key players in the field is Pyrowave. Pyrowave have been operating a reactor for PS for many years and have reported that their recycled product has already gone into many finished goods. Michelin is a key investor and is in the process of installing their first multi-reactor project with the product utilized for their styrene-butadiene rubber. There are others exploring microwaves, including Microwave Chemical in Japan, who work with Mitsubishi Chemical on PMMA and other engagements, and Gr3n, who received 2021 funding from Chevron Technology Ventures and Standex International, looking at PET.  

A full list of companies, partnerships, and developments can be seen in the IDTechEx market report, "Chemical Recycling and Dissolution of Plastics 2023-2033".

Pyrolysis

Using a pyrolysis process on plastic waste is not a new concept; they have had decades of research and commercial exploration. The reason for the significant forecasts are the market drivers resulting in commitments from major petrochemical players like BASF, Sabic, and ExxonMobil. In 2022 alone, Encina announced a US$1.1 billion investment in a new plant; Plastic Energy progressed in their commercialization with announcements surrounding TotalEnergies, INEOS, LyondellBasell, and Qenos; Similarly, Honeywell announced a strategic agreement with TotalEnergies and a JV with Avangard. However, as discussed above, it is not all positive. In 2022 lawmakers and environmental groups delivered over 100 letters to the Environmental Protection Agency EPA concerning how this is regulated, and there have been setbacks with Brightmark Energy scrapping plans for a US$680m plant, for example. Prepare for a lot more news in 2023.

There are numerous technical challenges from the pre-processing (considerations on the degree of sorting, form factors), post-processing (purity, cracker considerations), and the process itself (yield, molecular weight distribution, light gas reuse, durability, etc.). There are limited stepwise changes available, but certainly technology improvements at each stage.

One of the more notable technology developments in a related field is hydrothermal liquefaction. Here, supercritical water and a catalyst are used to break mixed polymers into long chain hydrocarbons. One of the reported advantages is the ability to tolerate lower quality mixed material feedstocks, specifically those with a higher proportion of PVC, which is a key problem in pyrolysis. As with pyrolysis, this is not new, but young companies are gaining significant momentum, the most notable being Licella. Through joint ventures and other engagements, the core technology from Licella has progressed to strategic partnerships and planned projects with the likes of Dow, Mitsubishi Chemical, and LG Chem. 

Similarly, gasification is also not a new process and has been extensively deployed to remove municipal solid waste (MSW), particularly in Japan. What is changing is the idea that syngas generated need not be used for on-site energy, but rather it can be purified and converted into longer chain hydrocarbons, methanol, or ethanol. With the ability to use MSW, gasification acts as the final option for any circularity before incineration. Players are exploring this. Enerkem is one of the more notable players, and their first commercial plant opened in 2014. As of late 2022, Enerkem has a further plant under construction for 2023, and two more are being planned. It should be noted that, as with pyrolysis, although the product can re-enter the supply chain, it often does not and is instead used as a fuel.

Although not discussed in this article, other processes should not be overlooked. This varies from developing polymers with dynamic bonds to facilitate the circular economy, to the secondary recycling process for the dissolution or purification of plastics. The latter is not chemical recycling but is a promising route to achieving higher-grade materials than other mechanical routes without needing to go so far back up the value chain. This is gaining commercial activity through the likes of Trinseo, Purecycle Technologies, APK, Polystyvert, and Worn Again; as with the other processes, many of the younger technology providers can boast partnerships with major companies across the plastic value chain.

As can be seen, there are lots of scientific developments and engineering challenges in this field that should not be overlooked amongst all the noise in this field. IDTechEx has launched a leading report on the topic, "Chemical Recycling and Dissolution of Plastics 2023-2033". IDTechEx are independent and have provided a comprehensive overview of the market, including interview-based player profiles, technology appraisals and 10-year market forecasts.

About IDTechEx

IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com.

Media Contact:

Lucy Rogers 
Sales and Marketing Administrator  
press@IDTechEx.com  
+44(0)1223 812300

Social Media Links:

Twitter: www.twitter.com/IDTechEx 
LinkedIn: www.linkedin.com/company/IDTechEx  
Facebook: www.facebook.com/IDTechExResearch

Logo: https://mma.prnewswire.com/media/478371/IDTechEx_Logo.jpg

Modal title

Also from this source

IDTechEx Forecasts US$110B Worth of Critical Materials Recovered Annually by 2045

IDTechEx Forecasts US$110B Worth of Critical Materials Recovered Annually by 2045

End-of-life equipment from automotives, electric vehicles, e-waste and decarbonized energy technologies are rapidly emerging secondary raw material...

Roboshuttles: A Promising Yet Challenging Mobility Solution, Finds New IDTechEx Report

Roboshuttles: A Promising Yet Challenging Mobility Solution, Finds New IDTechEx Report

Roboshuttles are small, fully electric, and operate at Level 4 autonomy, making them an ideal last-mile solution. They were once highly anticipated...

More Releases From This Source

Explore

Environmental Products & Services

Environmental Products & Services

Chemical

Chemical

Chemical

Chemical

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.