Indian recycling firm Polygenta scores $32.5m loan from DEG, IFU

Indian recycling firm Polygenta scores $32.5m loan from DEG, IFU

Photo: DEG.

Polygenta Technologies, an Indian recycling company that manufactures recycled yarn and polyester (rPET) chip, has raised $32.5 million from DEG, the investment arm of German state-owned development bank KfW, and Danish development finance institution IFU.