Back
![Investment in innovative Recycling Technology]()
![]()
![]()
![]()
Investment in innovative Recycling Technology
Covestro is stepping up its commitment to a circular economy by investing in BioBTX, a leader in chemical recycling. This strategic partnership will support the construction of the world’s first demonstration plant for the BioBTX ICCP technology in the Netherlands, enabling the production of key chemical building blocks like benzene, toluene, and xylene from mixed plastic and organic waste.
Scheduled to launch by
2027
A Game changer for Recycling
With a mid-single-digit million euro investment, Covestro is driving the development of a technology that can process 20 kilotons of plastic waste annually. Unlike traditional recycling methods, this approach can handle mixed waste, turning it into valuable raw materials for plastics production. The plant represents a critical step toward industrial-scale application and a sustainable chemical industry.
Expanding the Circular Ecosystem
The investment is part of Covestro’s venture capital program, which supports start-ups and scale-ups with innovative solutions. In collaboration with BioBTX, Covestro is also exploring further recycling options for its own products and leveraging digitalization to enhance plant performance.
Scheduled to launch by 2027, this project aligns with Covestro’s vision of climate neutrality and circularity, reinforcing its leadership in sustainable innovation. Together with BioBTX, Covestro is shaping the future of recycling and circular economy in Europe.