PTT Global Chemical Plc (PTTGC), the petrochemical arm of national oil and gas conglomerate PTT Plc, has announced an investment in UK-based startup Interface Polymers, a developer of chemical additives to improve the recyclability and performance of key polymers.
"This investment opens new horizons for the company, enabling more efficient and sustainable plastic recycling," said Kongkrapan Intarajang, chief executive and president of PTTGC.
Interface Polymers' additives enable compatibilisation between polyethylene (PE) or polypropylene (PP) with different kinds of plastics such as polyethylene terephthalate, often known as PET, nylon, ethylene-vinyl alcohol and other plastics.