The Development Authority of Bulloch County (DABC) announced in December the decision of revalyu Resources decision to build their first U.S. plant in Statesboro.
Thursday, January 26, 2023, Billy Allen, DABC Chairman and community leaders officially welcomed revalyu Resources, an environmentally friendly recycling company, that is investing $50 million in a new facility in Gateway Regional Park.
“We plan to recycle 12 million plastic bottles per day in Phase One of operations at this new facility,” Dr. Vivek Tandon, founder of revalyu said. revalyu makes products from 100% post-consumer PET (polyethylene terephthalate, the chemical name for polyester bottles). The company’s products include yarns that are ultimately used in applications including seamless knitting, weaving, denim, automotive, furnishings, technical textiles, and more. revalyu uses an environmentally friendly PET recycling process.
This is a truly sustainable business. Compared to conventional PET from crude oil, the company’s process consumes 86% less water, 75% less energy, and saves around 0.7 barrels of oil and 0.20 cubic metres of landfill space by recycling every ton of PET waste.
According to DABC’s CEO Benjy Thompson, "Our community is very excited to welcome revalyu to Statesboro-Bulloch County. revalyu has a respected reputation for their plastics recycling process and the positive effects it will have on the environment. We are thrilled that our region will be the first U.S. site for their truly innovative technology.” This is the first German-owned company to locate in Bulloch County.
Construction of revalyu Resources’ new facility will begin in the first quarter of this year. Their goal is to be operational in 18 months. Once complete, the facility will employ 71 people.
Video of the Welcome Ceremony
For more information about revalyu Resources, please go to www.revalyu.com /.
To learn more about the Development Authority of Bulloch County, please visit https://advantagebulloch.com/.
