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Energy giant BP has developed a technology that can recycle polyethylene terephthalate, or P.
BP plans to invest $25 million in a pilot plant before launching the product for full commercializati.
Tufan Erginbilgic, chief executive of BP's downstream business, said: "We believe that Infinia technology will disrupt the recycling of PET plasti.
The technology is said to convert difficult-to-recycle PET plastic waste, such as black food trays and coloured bottles, into recycled raw materials very similar to traditional hydrocarbon sourc.
The recovered feedstock can be used to make new recycled PET, reducing the need for downcycling and diverting plastic waste away from landfills, reducing incinerati.
Charles Damianides, vice president of petrochemicals technology, licensing and business development at BP, said: "We have extensive experience in scaling technologies and we strongly believe that this innovation can ultimately help make all PET waste infinitely recyclab.
The new facility will open in 202 It will be located at BP's research and development center in Naperville, Illino.
PET is a popular packaging material for beverage packaging and food rigid packagi.