(February 28, 2025 | Delhi, India) APChemi has secured a $515,000 (₹450 lacs) agreement with the Technology Development Board (TDB), Government of India, to revolutionize plastic waste management through patented advanced pyrolysis oil purification technologies. The agreement, representing half of the $1.03 million (₹900 lacs) total project cost, will dramatically boost capital efficiency of chemical recycling by 2-5 times compared to conventional methods.
Unprecedented Investment in Advanced Recycling
Shri Rajesh Kumar Pathak, Secretary, TDB, highlighted the project's strategic importance: "APChemi’s innovative approach exemplifies the kind of indigenous solutions that TDB is dedicated to supporting — technologies that not only address pressing environmental challenges but also strengthen domestic capabilities and create economic opportunities. APChemi's initiative will significantly contribute to establishing a sustainable and self-reliant circular economy for plastics in India, reducing reliance on imported crude oil and fostering employment generation.."
"This TDB partnership transforms our ability to scale a solution that changes the fundamental economics of plastic circularity," said Mr. Suhas Dixit, CEO of APChemi. "By delivering 2-5 times greater capital efficiency than conventional methods, we're not just improving recycling — we're making it irresistible to global markets. Our technology eliminates the corrosives and catalyst poisons that have historically prevented pyrolysis oil from becoming circular plastics, opening a floodgate of opportunity for plastic waste that would otherwise pollute our environment."
Breakthrough Technology Disrupts Recycling Economics
Our patented PUREMAX™ technology transforms the economics of plastic recycling by delivering unprecedented capital efficiency in converting non-recyclable waste into high-value products. This game-changing approach offers a 2-5x improvement over traditional chemical recycling methods, creating a compelling business case that can finally accelerate plastic circularity at scale.
The technology processes complex multi-layer packaging waste containing PET and PVC with impurity removal efficiency of up to 99.7% for chlorine—addressing the critical bottleneck preventing widespread adoption of pyrolysis for circular plastics. This technological breakthrough has already secured Letters of Intent from eight global corporations including Shell, BASF, Unilever, and PepsiCo.
Massive Environmental and Economic Impact
With less than 10% of the 350 million metric tonnes of global plastic waste effectively recycled annually, this project delivers a scalable solution to a mounting crisis. The initiative will:
Process 1.2 to 6 kilotonnes of plastic waste annually
Generate approximately 100 new skilled jobs
Significantly reduce plastic pollution and carbon emissions
Position India as a leader in advanced recycling technologies
Path to Commercialization
APChemi is on track to commence commercial production by February 2026, establishing a new paradigm in plastic circularity that combines environmental impact with compelling economics.
Join the Plastic Circularity Revolution
This is your opportunity to be part of a transformative movement in sustainable technology. APChemi is actively seeking strategic partners to accelerate our global impact:
For Investors: We're building a high-growth venture at the intersection of sustainability and profitability. Our capital-efficient model delivers returns while solving one of the world's most pressing environmental challenges. Limited partnership opportunities are available now as we scale this breakthrough technology.
For Industry Partners: Whether you're managing plastic waste streams, seeking to meet EPR obligations, or looking to incorporate circular materials into your products, our technology creates value across the entire supply chain. Early adopters gain competitive advantages in sustainability leadership and access to premium materials.
The circular economy won't wait. The companies that act now will lead the next decade. Contact us:
For media inquiries:
Email: press@apchemi.com