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Itochu, Teijin and JGC Strike Deal on Polyester Recycling Tech

While sustainability is no longer a siloed concern, the industry has yet to make it a true priority when weighing important business decisions. Sign up for our webinar "Viewing Sustainability Like an Investor: Weighing Progress and Profit" on Nov 22 to learn key metrics to keep consumers, your company and Wall Street happy.

Japanese companies Itochu Corp., Teijin Limited and JGC Holdings Corp. have signed a joint agreement for the licensing of polyester chemical recycling technology to process discarded polyester textile products into new fibers. The companies noted that in recent years, environmental damage caused by global warming resulting in greenhouse gases, and marine pollution caused by waste…

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