# Revalyu to invest $50M in PET recycling plant in Statesboro, Georgia

German-headquartered revalyu is investing $50 million in a new PET recycling plant in Statesboro, Georgia, with commissioning planned for 2024. The plant will employ about 70 people and recycle over 225,000 pounds per day of PET waste in its first phase.

- Type: New facility
- Announced: 2023-02-27
- Where: Statesboro, Georgia, United States
- Value: $50.0M
- Jobs: 70
- Starts operating: 2024
- Status: announced
- Capacity: 225,000 pounds per day of PET waste (first phase); up to 450,000 pounds per day after expansion
- Products: recycled PET pellets, rPET chips, filament yarns
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [revalyu](https://endata.com/companies/68815.md)

## Sources

- [nonwovensnews.com](https://www.nonwovensnews.com/2023/02/27/second-revalyu-plant-will-be-in-the-usa/), 2023-02-27: "Expanding into the US is an important milestone for our global expansion strategy."

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