France: New Recycling Plant Expected to Start in 2023
Plastic Energy is building an advanced recycling plant in northern France. The large-scale recycling facility, which will be adjacent to ExxonMobil’s Notre Dame de Gravenchon petrochemical complex, is to have a capacity of 25,000 tons of plastic waste per annum. There are plans to scale up the facility to 33,000 tons in the future.
In 2021, Plastic Energy signed an offtake collaboration agreement with ExxonMobil. As per the arrangement, TACOIL (or recycled oils) from this future plant will be used by ExxonMobil to create virgin-quality certified circular polymers and other high-value products. Start-up of the recycling plant is anticipated in 2023. Plastic Energy is specializing in recycling end-of-life plastics. The company’s patented technology is transforming plastic waste into raw materials.
(Published in GLOBAL RECYCLING Magazine 1/2022, Page 13)
