Bengaluru, Jan 30 (UNI) Polycycl, a pioneering force in chemical recycling, has announced a bold initiative to recycle 1.5 million tons of plastic over the next decade, a move expected to yield 1.1 million tons of pyrolysis oil.

The Company’s CEO and Founder Amit Tandon stated that the global chemical recycling market is anticipated to grow to $20 billion in the next ten years, and Polycycl is determined to play a leading role by advancing scalable technological solutions that will benefit both the economy and the recycling sector.

Polycycl’s research focuses on converting waste into petrochemical products similar to plastics and integrating other hydrocarbon waste streams, Tandon said at the launch of Generation VI chemical recycling pyrolysis technology, marking a significant breakthrough in tackling India's escalating plastic waste crisis.

The company is also investing in sorting and conversion plants, which are expected to create jobs and bolster local economies. The scalability of its technology remains a top priority for Polycycl as it expands its operations globally.

It is exploring strategic partnerships with waste management companies, particularly in Europe, to introduce its cutting-edge technologies. Polycycl has already established strong business ties with major players in the petrochemical industry and is collaborating with Unilever as its preferred partner for chemical recycling in India.

In a significant achievement, Polycycl was selected by a global alliance of chemical and consumer product companies from a pool of over 100 competitors. As it continues to strengthen its engineering capabilities, Polycycl is positioning itself to form more strategic partnerships to advance its mission in the global recycling landscape.

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