Among the participants in the R&D Hub are BASF, Covestro, Dow, LyondellBasell, Mitsubishi Chemical, SABIC and Solvay. TNO will host and manage the R&D Hub, lead the technology development, orchestrate and conduct the projects.
The R&D Hub is LCET’s first project. As a private sector driven initiative, it will tackle technical challenges associated with waste processing and help address industry-specific issues related to the development of mechanical and chemical recycling routes.
The first set of R&D projects is set to launch in the second half of 2023. The projects are aimed at making significant strides towards more sustainable waste processing practices and also target technologies to increase waste suitable for recycling. This in alignment with the Low Carbon Emission ambition and next to innovative technologies for efficient plastic waste recycling.
The LCET initiative of the World Economic Forum is a coalition of leading chemical-sector companies committed to achieving a net-zero and circular future. Visit the website for more information.
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