DePoly has been recognized by the World Economic Forum for its innovative approach to plastic recycling, highlighting the growing role of advanced technologies in addressing global plastic waste. The feature underscores DePoly’s mission to enable true circularity by transforming plastic waste back into virgin-quality raw materials.
DePoly is proud to be featured by the World Economic Forum (WEF) as part of its efforts to spotlight innovative technologies addressing one of the world's most pressing environmental challenges: plastic pollution.
The recognition comes as DePoly continues its mission to transform plastic recycling through a novel chemical recycling process that enables plastics to be recycled without compromising quality. As a member of the World Economic Forum’s Technology Pioneers community, DePoly joins a global network of innovators working to drive meaningful change across industries and accelerate the transition to a more sustainable future.
The Challenge of Plastic Waste
Despite decades of recycling efforts, only around 9% of plastic waste is recycled globally. The majority is landfilled, incinerated, or leaks into the environment, contributing to pollution on land and in oceans. Even when plastics are recycled, conventional mechanical recycling methods often degrade material quality over time, limiting their reuse and creating a cycle of downcycling.
To achieve a circular plastics economy, recycling rates must increase significantly while ensuring that materials can be returned to virgin-quality standards and reintroduced into industrial production.
A Different Approach to Recycling
DePoly's technology offers an alternative to traditional recycling systems. Rather than melting plastic waste, the company uses a proprietary chemical recycling process that breaks plastics down into their original molecular building blocks. These recovered raw materials can then be used to manufacture new plastics with the same performance and quality as virgin materials.
This approach enables repeated recycling cycles without material degradation, helping preserve valuable resources and reduce dependence on fossil-based feedstocks.
As highlighted by the World Economic Forum, DePoly's vision is to create scalable solutions capable of addressing a wide range of plastic waste streams and supporting the development of a circular economy for plastics.
Collaboration for Systemic Change
Addressing plastic pollution requires action across the entire value chain. Governments, businesses, innovators, and consumers all play a role in building the infrastructure and policies needed to scale circular solutions.
The World Economic Forum's Global Plastic Action Partnership (GPAP) brings together stakeholders from across sectors to translate commitments into tangible action. Through initiatives such as GPAP and the Technology Pioneers community, organizations can collaborate to accelerate innovation and drive systemic change.
DePoly is proud to contribute to this collective effort and to work alongside industry leaders, policymakers, and fellow innovators who share the ambition of eliminating plastic waste and creating a more circular future.
Looking Ahead
The challenge is significant, but so is the opportunity. By rethinking how plastics are designed, used, and recycled, it is possible to keep valuable materials in circulation and reduce the environmental impact of plastic waste.
Recognition from the World Economic Forum highlights the growing momentum behind next-generation recycling technologies and reinforces the importance of continued collaboration and innovation.
The work continues.
Press Contact
Zoë Pfiffer
PR Coordinator
media@depoly.co
About the World Economic Forum
The World Economic Forum (WEF) is an international organization for public-private cooperation that brings together leaders from business, government, academia, and civil society to address global challenges and shape sustainable solutions. Founded in 1971 and headquartered in Geneva, Switzerland, the Forum provides a platform for dialogue and collaboration on issues ranging from climate change and economic development to technology and innovation. Through initiatives such as the Technology Pioneers community and the Global Plastic Action Partnership, the WEF supports innovators and stakeholders working to drive systemic change and build a more sustainable future.
Press contacts
DePoly’s technology recycles unsorted, dirty PET waste into virgin-grade raw materials. Those PET precursors, PTA and MEG, are used by the industry to produce new plastics without the need for fossil fuels, while diverting valuable materials from landfills and incineration.
DePoly SA –
HQ
Rue de l'Industrie 23, 1950 Sion, Valais, Switzerland
DePoly SA –
Showcase Plant
Route de l'Ile au Bois, 1870 Monthey, Valais, Switzerland
DePoly’s technology recycles unsorted, dirty PET waste into virgin-grade raw materials. Those PET precursors, PTA and MEG, are used by the industry to produce new plastics without the need for fossil fuels, while diverting valuable materials from landfills and incineration.
This operation benefits from support from the European Union under the InvestEU Fund
