Shi Shengyu, Manager of Business and Sustainable Development, Ineos, delivers her report of Advanced recycling methods responding to sustainable development challenges

The report is divided into four parts:

Part One: Ineos Group and its development in China. In this section, Mrs. Shi introduces the development scale of Ineos Group over the past 25 years, its development in China since 2002, and briefly outlines Ineos Group's global layout and future development plans in the recyclable field.

Part Two: INFINIA depolymerization technology contributes to a circular economy. Mrs. Shi introduces the INFINIA depolymerization technology, which enables the recycling of hard-to-recycle PET bottles and polyester waste into monomers of the same quality as the raw material. This technology allows for unlimited recycling.

Part Three: Introduction to high-quality recycled PET applications. Chemical recycling can break down PET waste into monomers or other chemical substances without degradation or yellowing. Mrs. Shi emphasizes that, considering regulatory policies and brand commitments to the content of recycled plastics, there is a trend towards high-quality applications of recycled PET.

Part Four: Prospects for chemical recycling. Mrs. Shi points out that although chemical recycling is in its early stages of development due to high investment barriers and incomplete recycling systems in various countries, the increasing awareness of energy conservation and environmental protection brings broad market opportunities. However, high-quality applications create competition for raw materials in the recycled fiber industry, necessitating a systematic approach to improving waste classification and recycling.