The group will establish a sustainable value chain in the development of re-using the monomers from PET waste to bring PET bottles, food containers and polyester textiles back into the supply chain.
This will improve the circularity of PET since colors, additives and other polymers in multi-layer constructions will be fully recyclable.
Wim Hoenderdaal, chairman of the Petcore Europe Special Industry Group, said monomer recycling solves the waste problem by giving all PET waste value. After all efforts from consumers and by the industry to collect and sort the plastic, it can guarantee PET is recycled and does not leave the circle to incineration or landfill.
"PET Monomer Recycling has the potential to increase the quantity of available recycled PET and complement the existing mechanical recycling capacities," he said.
Christian Crépet, executive director, Petcore Europe, added the purpose of the group is to facilitate a platform to position PET monomer recycling as a viable addition to the established mechanical recycling process, enhancing the circularity of PET.
The SIG will use the networking and outreach of the Petcore Organization to interact with legislators, regulators, NGOs and other stakeholders to ensure chemical recycling of PET is an acceptable business and fulfils future requirements of the business environment.