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Revalyu Resources will invest USD 50 million to build a PET recycling plant in Statesboro, Georgia, with a capacity of up to 450,000 pounds per day. Groundbreaking is in the first half of 2023, commissioning planned for 2024, and the plant will employ about 70 people.
Heraeus Holding GmbH acquired a majority stake in perPETual Technologies, a PET recycling company, and renamed it revalyu Resources GmbH. The company operates a manufacturing facility in Nashik, India, and employs around 300 people.
| Site | Largest | Latest |
|---|---|---|
| Statesboro, United States | $50.0M | 2023-01-27 |