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Technology

DePoly Secures $23M to Open New PET Recycling Facility

Sourcing Journal
Summary
Nutrition label

80% Informative

DePoly received $23 million in seed funding from MassMutual Ventures .

The Swiss company will open a 500-metric-ton-per-year recycling showcase plant in Monthey , Switzerland this summer .

DePoly has worked with fashion and cosmetic companies such as Swiss apparel brand Odlo to use its recycled fibers.

VR Score

76

Informative language

72

Neutral language

67

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Source diversity

1

Affiliate links

no affiliate links