The Technology Development Board (TDB) has signed an agreement with M/s APChemi Pvt. Ltd., Navi Mumbai, for their project titled “Production and Commercialization of Purified Pyrolysis Oil to Enable Downstream Production of Circular Plastics and Sustainable Chemicals.” Under this agreement, TDB has sanctioned financial assistance, reaffirming its commitment to fostering indigenous technological advancements in sustainability.

 APChemi, a pioneer in plastic and biomass pyrolysis with 12 patents (including five granted), has developed a transformative technology that converts non-recyclable, end-of-life plastic waste into high-value, refinery-grade pyrolysis oil. Their patented PUREMAX™ technology offers an innovative and cost-effective method for purifying pyrolysis oil, making it suitable for producing PUROIL™, a feedstock validated by leading global petrochemical and FMCG companies for food-grade circular plastics. With the global plastic waste crisis escalating—where less than 10% of the 350 million metric tonnes generated annually is effectively recycled—this project is poised to accelerate plastic circularity by processing 1.2 to 6 kilotonnes of waste per year. Additionally, it is expected to generate approximately 100 jobs while significantly curbing plastic pollution and lowering carbon emissions associated with incineration and landfilling. One of the key strengths of this technology lies in its capability to process complex multi-layer packaging waste containing PET and PVC, with an impurity removal efficiency of up to 99.7% for chlorine. This breakthrough has already garnered interest from eight global corporations, including Shell, BASF, Unilever, and PepsiCo, which have issued Letters of Intent for integrating PUROIL™ into their supply chains to advance circularity in plastics. Sh. Rajesh Kumar Pathak, Secretary, TDB, emphasized the project’s alignment with national priorities, stating, “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. This 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.” Mr. Suhas Dixit, CEO, APChemi, highlighted the significance of this initiative, stating, “The partnership with TDB marks a significant milestone in our mission to turn the plastic waste crisis into an economic opportunity while restoring environmental balance. Our technology bridges a crucial gap in plastic circularity by eliminating corrosives and catalyst poisons from pyrolysis oil, enabling the production of high-value circular plastics from waste that would otherwise contribute to pollution.”