Catack-H (CEO Jin-ho Jeong) announced on the 13th that it signed a Memorandum of Understanding (MOU) with Aditya Birla Chemicals Limited, Thailand, India's largest company, to jointly establish a carbon fiber composite recycling system at 'JEC WORLD 2026,' the world's largest composites exhibition held in Paris Nord Villepinte, France, from March 10 to 12.
This collaboration aims to secure leadership in the global circular economy ecosystem by reducing reliance on landfills for carbon fiber composites and enabling a full-cycle circularity for low-carbon materials. While carbon fiber composites are utilized in various industries such as wind power, construction, sports, automotive, and aerospace, the issue of their disposal is becoming increasingly serious.
The two companies are pursuing the integration and optimization of chemolysis-based recycling solutions by combining Katec H's recycling technology with Aditya Birla Chemical's Recyclamine® technology. Through this, they plan to establish a closed-loop recycling system that allows materials recovered from sources such as airlines to be reintroduced into reprocessing operations, and to expand the chemolysis-based recycling ecosystem to Europe, the United States, and the Asia-Pacific region.
Rajesh Balakrishnan, CEO of Aditya Birla Chemical, stated, “This partnership reflects our strategic goal of integrating sustainability into material innovation,” adding, “We will combine the technologies of both companies to build a scalable global recycling ecosystem.”
"We are now able to accelerate business growth by collaborating with the Aditya Birla Group based on our global recycled carbon fiber technology," said Jin-ho Jeong, CEO of KATECH H. "By securing both economic and technical feasibility, we will contribute to building a circular ecosystem for responding to climate change with companies around the world."
Meanwhile, KATECH H recently secured an investment of 3 billion won from IM Investment Partners to build a mass production system, and plans to strengthen its technology and industrial cooperation systems with the goal of expanding global exports to Japan, the U.S., and Europe by 2026.
The signing of this MOU is regarded as an example of cross-border cooperation between companies in the carbon fiber recycling and global circular economy markets.
Meanwhile, the global composite materials industry is showing a trend of expanding cooperation among companies for the development of recycling technologies and the establishment of a circular economy.
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