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December 05, 2018 06:00 AM

Sabic, UK firm to build chemical recycling plant

Sabic, UK firm to build chemical recycling plant

Plastic News Europe
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    Plastic Energy Ltd
    The process ,called thermal anaerobic conversion (TAC), converts plastic waste into Tacoil for making new virgin food-safe plastics.

    Saudi chemicals company Sabic has signed a memorandum of understanding (MoU) with UK-based Plastic Energy Ltd, a chemical plastics recycler, for the supply of feedstock to Sabic's petrochemical operations in Europe.

    Based in London, Plastic Energy has developed a patented, low carbon footprint technology called thermal anaerobic conversion (TAC), which converts plastic waste into Tacoil for making new virgin food-safe plastics.

    The company owns and operates two plastic recycling plants in Seville and Almeria, Spain, which have been operational since 2014 and 2017.

    The 4-Dec agreement with Sabic will involve building a first commercial plant in the Netherlands to refine and upgrade Tacoil.

    Sabic said the plant, which is anticipated to enter commercial production in 2021, is a significant milestone for the company's commitment to establishing a circular economy and, more broadly, its sustainability goals.

    “Sustainability is a core value at Sabic and the circular economy is a cornerstone of our strategy as evidenced by this unique agreement”, said Frank Kuijpers, general manager for corporate sustainability, SABIC.

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