Novoloop starts building pilot chemical recycling plant in India
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.