Saturday, June 21, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Technology

Tech: TDB backs plastics to pyrolysis oil project

Fiinews by Fiinews
March 1, 2025
in Technology
Reading Time: 2 mins read
A A
0
PIB

APChemi's plastics to oil project: R. K. Pathak, Secretary (TDB) exchanging agreement with Suhas Dixit, CEO, APChemi along with other officials from both sides.

0
SHARES
23
VIEWS
LinkedinShare on Twitter

0:00

Dixit says technology bridges gap in plastic circularity

The Technology Development Board (TDB) has signed an agreement with APChemi Pvt Ltd of Navi Mumbai for their project titled “Production and Commercialization of Purified Pyrolysis Oil to Enable Downstream Production of Circular Plastics and Sustainable Chemicals”.

Under this agreement, TDB has sanctioned financial assistance, reaffirming its commitment to fostering indigenous technological advancements in sustainability.

APChemi, a pioneer in plastic and biomass pyrolysis with 12 patents (including five granted), has developed a transformative technology that converts non-recyclable, end-of-life plastic waste into high-value, refinery-grade pyrolysis oil https://www.opec.org/opec_web/en/.

Their patented PUREMAX™ technology offers an innovative and cost-effective method for purifying pyrolysis oil, making it suitable for producing PUROIL™, a feedstock validated by leading global petrochemical and FMCG companies for food-grade circular plastics http://plasticsindustry.org.

With the global plastic waste crisis escalating—where less than 10% of the 350 million metric tonnes generated annually is effectively recycled—this project is poised to accelerate plastic circularity by processing 1.2 to 6 kilo tonnes of waste per year.

Additionally, it is expected to generate approximately 100 jobs while significantly curbing plastic pollution and lowering carbon emissions associated with incineration and landfilling https://sbi.com.in/.

One of the key strengths of this technology lies in its capability to process complex multi-layer packaging waste containing PET and PVC, with an impurity removal efficiency of up to 99.7% for chlorine.

This breakthrough has already garnered interest from eight global corporations, including Shell, BASF, Unilever, and PepsiCo, which have issued Letters of Intent for integrating PUROIL™ into their supply chains to advance circularity in plastics.

TDB Secretary Rajesh Kumar Pathak emphasized the project’s alignment with national priorities, stating, “APChemi’s innovative approach exemplifies the kind of indigenous solutions that TDB is dedicated to supporting—technologies that not only address pressing environmental challenges but also strengthen domestic capabilities and create economic opportunities.

“This initiative will significantly contribute to establishing a sustainable and self-reliant circular economy for plastics in India, reducing reliance on imported crude oil and fostering employment generation https://www.iea.org/.”

APChemi CEO Suhas Dixit highlighted the significance of this initiative, stating on 28 Feb, “The partnership with TDB marks a significant milestone in our mission to turn the plastic waste crisis into an economic opportunity while restoring environmental balance.

“Our technology bridges a crucial gap in plastic circularity by eliminating corrosives and catalyst poisons from pyrolysis oil, enabling the production of high-value circular plastics from waste that would otherwise contribute to pollution.” Fiinews.com

Tags: Ministry of Science and Technology
ShareTweetShare

Related Posts

Ltimindtree Eurobank
Technology

Tech: LTIMindtree launches AI ecosystem

by Fiinews
June 21, 2025
0
13

BlueVerse is about unlocking productivity, says Lumbu LTIMindtree has launched a new business unit and suite of AI services and...

Sonatype
Technology

Tech: Sonatype opens Hyderabad centre to scale AI

by Fiinews
June 21, 2025
0
15

Investing in next generation of engineering talent, says Chauhan Fulton, Maryland headquartered Sonatype®, the end-to-end software supply chain security company,...

Ast Vi Social

Tech: Vi-AST to work across unconnected regions

June 20, 2025
13
World Technology

Tech: Pune-Mumbai to host WT Summit in Nov’25

June 20, 2025
14
PIB

Tech: PM calls for clean-green energy AI

June 20, 2025
14
Prodapt

Tech: Prodapt works with NVIDIA on AI for Telcos

June 17, 2025
14
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Manufacturing: Minister reviews Salem Steel
  • Tech: BSNL Quantum 5G FWA soft launched
  • Project: HSL holds FSS steel cutting ceremony
  • Tender: PM officiates on Rs18600cr Odisha projects
  • Tech: LTIMindtree launches AI ecosystem

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.