Page 151 - CW E-Magazine (13-5-2025)

News from Abroad

TOWARDS COMMERCIALISATION

DePoly to launch 500-tpa demo unit to recycle PET

and polyester waste

Swiss cleantech startup, DePoly, is a commercial plant in 2027 that will
set to launch a 500-tonne-per-annum process significantly larger volumes of
showcase plant in Monthey, Switzer- PET and polyester waste.
land, representing a critical step in the
company’s journey from laboratory To further accelerate this expan-
breakthrough to industrial-scale imple- sion, DePoly has secured a total of
mentation. $23-mn in seed funding with MassMutual
Ventures joining a second closing of
The facility will demonstrate its round. The expanded investor base
DePoly’s proprietary process that converts positions DePoly as one of the big-
PET (Polyethylene Terephthalate) and gest recycling technology companies
polyester waste into virgin-quality raw in Europe, with more than $30-mn
materials without fossil fuels. raised across two rounds and grants.
MassMutual Ventures joins existing in-
DePoly’s technology has already vestors, including Founderful, ACE &
demonstrated its commercial impact Company, Angel Invest, Zürcher
through collaborations with some of the Kantonalbank, BASF Venture Capital,
world’s leading companies in fashion, Beiersdorf Venture Capital, and Syensqo.
cosmetics and consumer goods industry.
Through these partnerships, DePoly Mr. David Hanf, DePoly’s CFO,
has validated the quality of its recycled pilot and showcase plant, our next goal commented, “We are convinced our
monomers by transforming PET waste is to scale our operations to industrial technology is one of the fastest to scale
into new bottles, high-performance tex- size with a first-of-a-kind commercial and will allow us to compete with virgin
tile fibres, and cosmetic packaging. plant based on our technology,” said pricing at scale, a key factor for success.
Ms. Samantha Anderson, co-founder & We are happy to have expanded
“The upcoming showcase plant vali- CEO of DePoly. our investor base to the US with
dates our roadmap to creating a truly MassMutual Ventures as we want to
circular plastics market. Following our The company is planning to build build a global champion.”

Linde boosting gases supply to Samsung in South

Korea

Industrial gases major, Linde, said gases. Under a new agreement, Linde safely and reliably supplying industrial
it will increase its supply of ultra-high- will build, own and operate an eighth gases to Samsung in South Korea,” said
purity atmospheric, process and specia- on-site air separation unit to supply Mr. B.S. Sung, President, Linde Korea.
lity gases to Samsung’s semiconductor nitrogen, oxygen and argon. Linde will “Pyeongtaek is Linde’s single largest
manufacturing complex in Pyeongtaek, also supply Samsung with hydrogen site for an electronics customer world-
South Korea. from its existing on-site hydrogen pro- wide, and we are proud to have been
duction facilities. Supply is expected to selected once again to support Samsung’s
Linde is the main supplier of in- start up mid-2026. growth. Linde’s advanced technology
dustrial gases to Samsung’s complex is designed to ensure our gases meet
at Pyeongtaek and already has multiple “This announcement further consoli- the high purity standards required for
on-site facilities supplying essential dates Linde’s 45-year track record of semiconductor manufacturing.”

Chemical Weekly May 13, 2025 151

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