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Beiersdorf Invests in Swiss Recycling Tech Startup DePoly SA

DePoly's chemical recycling technology "bridges a crucial gap in circular PET usage by preserving desired quality standards effectively," say Beiersdorf execs.

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By: Christine Esposito

Editor-in-Chief

Beiersdorf AG is investing in Swiss startup DePoly SA,  developer of a chemical recycling technology that allows for the recycling of difficult recyclable consumer and industrial plastic waste streams—such as those containing mixed plastics, mixed colors, dirty plastic waste streams, as well as fabrics and fibers— and converts these waste streams into their main raw components. The investment was made by Beiersdorf’s Oscar&Paul Venture Capital Unit. The parties have agreed not to disc...

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