revalyu Resources breaks ground on its first PET recycling facility in the United States

10.05.2023

(Statesboro, GA) -  The Development Authority of Bulloch County was joined by state and local officials to celebrate revalyu breaking ground on their first advanced PET (polyethylene terephthalate) recycling facility in America located at Gateway Regional Park in Statesboro, GA. revalyu is investing over $200 million to build a plant capable of recycling 200 million pounds (90,000 metric tons) of post-consumer PET plastic per year.

revalyu has already recycled over 6 billion bottles in India. Due to its unique recycling process based on glycolysis, the quality of revalyu’s rPET (recycled PET) products enables its customers to replace conventional oil-based PET with revalyu’s more sustainable rPET. Compared to conventional PET, revalyu’s rPET is produced using 75% less water, 91% less energy, and saves around 0.7 barrels of oil and 0.2 cubic meters of landfill space per 2000 pounds of PET recycled.

According to Jan van Kisfeld, Managing Director of revalyu, the company plans to recycle the equivalent of 25 million plastic bottles per day at its Georgia facility. He noted that, "Our first plant in the US is a very important step for the expansion of our company. Our existing and future US customers have a huge demand for our 100% recycled pellets which are equivalent in quality to conventional oil-based PET pellets. This advanced recycling plant will serve our customers directly from the US, enabling quicker transportation time, lower cost and a smaller CO₂ footprint.”

Dr. Vivek Tandon, Founder of revalyu states: “Used PET plastic can now be efficiently, profitably and easily recycled again and again without degradation of quality.  Our already commercialized revolutionary process will transform the PET plastic industry as we know it.  In the years to come, less and less PET will be manufactured from oil as it is replaced by high quality recycled material. We thank Bulloch County for their incredible support, we could not have chosen a better partner for our international expansion.”

“Global companies like revalyu fill niche roles in innovative industries,” said Commissioner Pat Wilson, Georgia Department of Economic Development. “Sustainability is one industry where Georgia has leveraged its international connections, including more than 50 years of continuous representation in Europe. We’re excited for Bulloch County to welcome revalyu as its first German-based company!”

Benjy Thompson, CEO of the Development Authority of Bulloch County, said, "revalyu has a respected reputation for their plastics recycling process and the positive effects it will have on the environment. We are thrilled that our region will host the first U.S. site for revalyu and their truly innovative technology. In addition, we look forward to the positive impacts that revalyu will have on our community." Thompson noted that revalyu is the first German-owned company to locate in Bulloch County.

Construction is expected to be completed in Q3 2025. Once complete, the facility will employ 71 people in Phase One and another 50 people in Phase Two, for a total of 121 jobs.

For more information about revalyu (US), please go to www.revalyu.com

To learn more about the Development Authority of Bulloch County, please visit https://advantagebulloch.com/

About the Development Authority of Bulloch County

The DABC was established in 1985. It is committed to expanding economic opportunities in the Statesboro-Bulloch County area by growing, attracting, developing, and supporting new and existing business in its community. Bulloch County offers businesses many advantages, including a labor pool of 130,000 people and a younger-than-average workforce offering agile skills and high-powered collaborative resources.

About revalyu Resources GmbH

revalyu, headquartered in Germany, builds and operates plastic (PET) recycling plants based on glycolysis to produce 100% recycled PET chips (pellets). It currently employs over 400 people in Germany, USA and India. The Company first converts used PET bottles into sustainable monomers, which are then filtered to remove all impurities before being re-polymerized. The result is a very pure, sustainable rPET polymer which can be used to directly replace PET polymers produced from petrochemicals such as oil. At present the company sells 100% recycled PET pellets and filament yarns to over 60 repeat customers in over 15 countries.  In 2021, Heraeus Group, a family-owned global Fortune 500 technology company, invested for a majority stake in revalyu to support the company’s international expansion plans.

www.revalyu.com for further information