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INEOS Olefins & Polymers Europe and Plastic Energy have announced a Memorandum Of Understanding to produce 100,000 tonnes per annum of chemically recycled raw materials from plastic waste. This will be the largest use of Plastic Energy technology on the market yet.
Editorial office / Cologne

Plastic Energy’s patented Thermal Anaerobic Conversion (TAC™) recycling technology will turn difficult-to-recycle plastic waste otherwise destined for incineration or landfill, into a valuable raw material: TACOIL™. This is a circular replacement for fossil naptha that can be used to create virgin-quality polymers and produce essential plastic items that meet the requirements of demanding food contact and medical applications.

TACOIL has already been successfully converted into virgin-quality polymer through the INEOS cracker at Köln, Germany, where the new 100kton plant will also be located. It was used by selected customers and brands to demonstrate the viability and demand for materials from advanced recycling. Production is targeted for the end of 2026.

Rob Ingram, CEO, INEOS O&P Europe North, said: “Advanced recycling has to be done at scale in order to make the process environmentally and commercially viable. I’m therefore delighted to take this first step with Plastic Energy towards building that kind of capability from day one.”

For more information, see the Plastic Energy and INEOS websites.

Image: Plastic Energy/YouTube