📋 Tender Overview
Scope :
gr3n SA and Intecsa Industrial are set to produce 40,000 tons of recycled polyethylene terephthalate (PET) per year by 2027. gr3n’s special chemical recycling technology is capable of processing PET from various industries including textile waste, closing the loop for hard to recycle PET applications, gr3n SA and Intecsa Industrial said in a joint press release.
gr3n together with Intecsa Industrial will join forces and build a ‘First-of-a-Kind’ (FOAK) manufacturing facility in Spain, commencing the EPC phase in Q4-2024 and aiming to be operational in 2027. gr3n plans to become the world’s leading supplier of enhanced recycled PET and has signed a binding memorandum of understanding (MOU) with its shareholder Intecsa Industrial to set up a joint venture.
