CapEx News

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

Home   »   CapEx-News   »  

Novoloop starts building pilot chemical recycling plant in India

Manufacturing  -  Jan 28,2024  - 

California-based Novoloop has begun construction on its pilot plant in India in partnership with Aether Industries, a chemical manufacturer, the company said.

Novoloop anticipates having capacity for 70 tons annually by the end of the year, validating its technology in a real-world environment with plans to scale up from there.

“This pilot plant is a testament to the commitment of the Novoloop team and our partners at Aether Industries to tackle the global plastic crisis,” Miranda Wang, cofounder and CEO of Novoloop, said in a written statement.

“By scaling this technology, we are creating a pathway towards a truly circular world, where plastic waste becomes a valuable resource,”Miranda Wang added.

 

Company :