6 December 2018
OUR VISION
- Creation of a circular economy of plastic (Plastic2Plastic)
by diverting plastic waste away
from landfills and our oceans - Reduce the dependence of countries
on fossil fuel imports - Support countries in reaching recycling targets,
reduce CO2 footprint,
and reach international sustainability goals - Boost local economies and communities
through the creation of new jobs
We offer a global solution to help everyone
prevent plastic pollution, by transforming
previously unrecyclable plastic waste
into a valuable resource.
Our patented, low carbon footprint technology
converts valueless plastic waste into alternative fuels,
or oil (TACOIL) for making new virgin (foodsafe) plastics,
closing the plastic loop
and creating a circular economy.
A Global Company
Waste plastic is a global concern and Plastic Energy
is able to adapt to fit local requirements,
simultaneously working with international and local partners
to efficiently expand the technology worldwide
to help prevent plastic pollution.
The use of plastics has increased twentyfold
in the past half-century and is expected
to double in the next 20 years.
Although some of this plastic can be mechanically recycled,
a large portion is composed of contaminated
and low-value plastics that cannot and end up
being incinerated, buried in landfills, or polluting our oceans.
We are the only technology which can process
and convert end-of-life or contaminated plastics
that no-one else can.
Modular plants
Plastic Energy's modular plants can be built anywhere
and integrate with existing infrastructure and processes.
Industry leaders
We are the global leader in chemical plastic recycling
with proven, scalable patented technology
and the capability of successfully
and continously processing plastics.
Patented technology
Our UK based team of technology specialists
have over 50 years' combined experience developing
the patented thermal anaerobic technology (TAC) process,
converting valueless plastic waste into to oil
and back into virgin plastic,
suitable for foodsafe use (Plastic2Plastic).
Benchmarking
We are benchmarking our plants in Seville and Almeria
and always looking for ways to improve production
in a ground-breaking and environmentally friendly way.
Plastic Energy LTD Contact
London
info@plasticenergy.com
ADDRESS
Innovation Centre
Here East London E20 3BS
PHONE
+ 44 203 146 4967
DETAILS
SABIC has today announced
it has signed a memorandum of understanding (MoU)
with UK-based PLASTIC ENERGY Ltd.,
a pioneer in chemical plastics recycling,
for the supply of feedstock
to support SABIC’s petrochemical operations in Europe.
SABIC and PLASTIC ENERGY intend to build
a first commercial plant in the Netherlands
to refine and upgrade a valuable feedstock,
known as TACOIL,
a patented PLASTIC ENERGY product,
which will be produced from the recycling of
low quality, mixed plastic waste otherwise
destined for incineration or landfill.
The plant, which is anticipated
to enter commercial production in 2021,
is a significant milestone for SABIC
towards the company’s commitment
to establishing a circular economy
and, more broadly, its sustainability goals.
PLASTIC ENERGY has successfully commercialised
a patented thermochemical conversion technology
to convert a wide range of end-of-life, dirty
and contaminated plastics, hardly recyclable
for conven-tional processes, into usable feedstock.
Plastics are melted in an oxygen free environment
and then broken down into synthetic oils
at which point the oils need to be refined and upgraded
as feedstock for traditional petrochemical uses.
Frank Kuijpers,
General Manager for Corporate Sustainability, SABIC
“Sustainability is a core value at SABIC
and the circular economy is a cornerstone of our strategy
as evidenced by this unique agreement”
“SABIC is proud to be the first petrochemical company
to implement a project
for the chemical recycling of challenging plastic waste
into feedstock for steam crackers.
This exciting project is testament to our commitment
to scale up advanced chemical recycling processes
of plastics back to the original polymer."
Carlos Monreal,
Founder and CEO of PLASTIC ENERGY
“We are delighted to be working with SABIC
on this exciting project
to support their petrochemical operations in Europe”,
“We have already two industrial plants in Spain
operating 24/7 and a technology team
with more than 10 years of experience
developing this patented technology.
Our advanced expertise will promote this new opportunity
to turn plastic back into plastic
as part of the circular economy.”
WWW.CHEMWINFO.COM BY KHUN PHICHAI
