Bengaluru, Jan. 30 -- Polycycl, a pioneering force in chemical recycling, has announced a bold initiative to recycle 1.5 million tons of plastic over the next decade, a move expected to yield 1.1 million tons of pyrolysis oil.

The Company's CEO and Founder Amit Tandon stated that the global chemical recycling market is anticipated to grow to $20 billion in the next ten years, and Polycycl is determined to play a leading role by advancing scalable technological solutions that will benefit both the economy and the recycling sector.

Polycycl's research focuses on converting waste into petrochemical products similar to plastics and integrating other hydrocarbon waste streams, Tandon said at the launch of Generation VI chemical recycling pyrol...