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| Funder | Vinnova |
|---|---|
| Recipient Organization | Cyclezyme Ab |
| Country | Sweden |
| Start Date | Jul 01, 2022 |
| End Date | Apr 30, 2024 |
| Duration | 669 days |
| Number of Grantees | 1 |
| Roles | Principal Investigator |
| Data Source | Swedish Research Council |
| Grant ID | 2022-00469_Vinnova |
Purpose and goal:
Cyclezyme has successfully developed an enzymatic process for recycling PET plastic, which reduces climate impact and the need for new plastic production. By establishing an advanced laboratory and contacts with actors in several industries, we have increased the pace of development and demonstrated potential our technology. Discussions with potential customers are ongoing, and future pilot plants may lead to commercialization.
Participation in the REACH program during the course of the project has strengthened our business model and international presence. Expected results and effects:
Cyclezyme has successfully developed an enzymatic recycling process for PET-plastic, which reduces climate impact and the need for new plastic. We have established an advanced laboratory that increased the pace of development and enabled advanced tests. Contacts with actors in the textile and packaging industry have opened up new opportunities, and ongoing discussions with potential customers may lead to future pilot plants and commercialization. Participation in the REACH program has strengthened our market strategy and global presence.
Approach and implementation:
Cyclezyme´s project followed a structured plan focused on developing an enzymatic recycling process for PET-plast. We established an advanced laboratory to increase the rate of development and conduct advanced tests. Contacts with actors in various industries were central to evaluating the practical application of the technology to various materials.
Participation in the REACH program provided us with valuable insights and contacts, particularly in the US market, which strengthened our commercialization strategy and business model.
Cyclezyme Ab
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