# Teijin, JGC and Itochu establish RePEaT joint venture for polyester chemical recycling

Teijin, JGC Holdings and Itochu have agreed to establish a joint venture, RePEaT Co. Ltd., to license DMT-based chemical recycling technology for polyester products. Teijin and JGC each own 45%, Itochu 10%.

- Type: Partnership
- Announced: 2022-12-04
- Where: Tokyo, Japan
- Status: announced
- Products: polyester chemical recycling technology
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [RePEaT](https://endata.com/companies/67079.md)
- [ITOCHU](https://endata.com/companies/1234.md) (partner)
- [JGC](https://endata.com/companies/1538.md) (partner)
- [Teijin](https://endata.com/companies/19925.md) (partner)

## Sources

- [polyestertime.com](https://www.polyestertime.com/recycled-btx-nonwoven-weaving/), 2022-12-04: "Teijin Ltd., JGC Holdings Corp. and Itochu Corp., each based in Japan, have announced an agreement to establish a joint venture company, RePEaT Co. Ltd., to license technology to chemically recycle polyester products."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.