DePoly, a sustainable PET-to-raw-material recycling company, is launching a 500-tonne-per-year plant in Monthey, Switzerland, in the summer of 2025. This facility will showcase DePoly's process, converting PET and polyester waste into virgin-quality raw materials without fossil fuels. The aim is to transform discarded items like polyester shirts and water bottles into resources for new products.
DePoly's technology has demonstrated its impact through collaborations with companies in fashion, cosmetics, and consumer goods, including Odlo and PTI. These partnerships have validated the quality of its recycled monomers by transforming PET waste into new bottles, textile fibers, and cosmetic packaging.
The company has secured $23 million in seed funding, with MassMutual Ventures joining the round. DePoly plans to build a commercial plant in 2027 to process larger volumes of PET and polyester waste. By transforming discarded plastics into high-quality raw materials, DePoly reduces reliance on fossil resources and minimizes waste.