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Saipem and Garbo developing new chemical recycling technology

Italian energy and engineering giant Saipem has announced its partnership with German chemical company Garbo to develop a new technology for chemical recycling of plastic waste. The two companies will collaborate to create a pilot plant that will demonstrate the viability of the new process. Chemical recycling has long been touted as a solution to the global plastics problem, which has reached crisis proportions in recent years. Traditional methods of plastic recycling, such as mechanical recycling, have limitations, as they can only process certain types of plastics, and the resulting materials may not be of high enough quality to be used in the same applications as virgin plastic. Chemical recycling, on the other hand, can break down plastics into their constituent molecules, which can then be used to create new, high-quality materials. However, chemical recycling has been slow to take off due to technological challenges and high costs. Saipem and Garbo hope to overcome these obstacles with their new technology, which they claim will be more efficient and cost-effective than existing methods. The new process involves the use of a catalyst to break down plastic waste into its component molecules, which are then separated and purified. The resulting raw materials can then be used to create new plastics or other products, such as fuels or chemicals. Saipem and Garbo say that their technology will be able to process a wide range of plastic waste, including materials that are difficult or impossible to recycle using traditional methods. They also claim that the process will be energy-efficient, with low emissions of greenhouse gases. The companies plan to build a pilot plant in Europe to demonstrate the viability of the technology. If successful, they hope to scale up the process and build commercial plants around the world. The development of new chemical recycling technology is a welcome development in the fight against plastic pollution. According to a report by the Ellen MacArthur Foundation, only 14% of plastic packaging is recycled globally, and the majority ends up in landfills or the environment. This has devastating consequences for wildlife and ecosystems, as well as human health. Chemical recycling has the potential to transform the way we deal with plastic waste. By breaking down plastics into their constituent molecules, we can create a truly circular economy, where waste is turned into a valuable resource. However, there are still challenges to be overcome. Chemical recycling requires significant amounts of energy, and the process can produce hazardous by-products. It is also not a silver bullet for the plastic problem, as it is still reliant on the production and consumption of plastic in the first place. Nevertheless, the development of new technologies such as the one being developed by Saipem and Garbo is a step in the right direction. It is important to explore all possible solutions to the plastic problem, and chemical recycling has the potential to play a significant role. Saipem and Garbo are not the only companies working on chemical recycling technology. Many other companies, including major oil and gas companies, are investing in this area as they seek to diversify their businesses and respond to growing public concern about plastic pollution. The development of chemical recycling technology also highlights the importance of collaboration and innovation in solving global challenges. By working together, companies can share knowledge, resources, and expertise to develop new solutions that benefit everyone. In conclusion, the partnership between Saipem and Garbo to develop new chemical recycling technology is an exciting development in the fight against plastic pollution. If successful, their technology could transform the way we deal with plastic waste, turning it into a valuable resource rather than a problem to be disposed of. However, more work needs to be done to overcome the challenges associated with chemical recycling, and to promote a more sustainable and circular approach to plastic production and consumption. Regenerate response

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