bp and SABIC have just signed a new agreement to work together to drive circular economy in the petrochemical activities at the Gelsenkirchen (Germany) chemical complex. Building on a long established relationship between the two companies at the production site, the new collaboration will help to increase production of certified circular products that take used mixed plastics to make feedstock, thereby reducing the amount of fossil resources needed in the petrochemical plants at the site.
Certified circular polymers are part of SABIC’S TRUCIRCLE™ portfolio and are produced using advanced recycling to convert low quality mixed and used plastic, otherwise destined for incineration or landfill, into pyrolysis oil. The oil, which acts as an alternative feedstock to traditional fossil materials, will be processed at bp’s Gelsenkirchen refining site and then used by SABIC in its Gelsenkirchen polymer plants to produce certified circular products. The final material has identical properties to virgin-based polymers and allows plastics to be recycled over and over again, with no loss of properties or characteristics. After successful trials in December 2020, polymer production using the alternative feedstock started at the site early this year.
Read more at https://www.sabic.com/en/news/26431-bp-and-sabic-embark-on-new-cooperation