ROTTERDAM, Netherlands, July 26, 2018 – LyondellBasell (NYSE: LYB) one of the world’s largest plastics, chemical and refining companies, today announced the cooperation with Karlsruhe Institute of Technology (KIT) to advance the chemical recycling of plastic materials and assist the global efforts towards the circular economy and plastic waste recycling needs. The focus of the venture is to develop a new catalyst and process technology to decompose post-consumer plastic waste, such as packaging into monomers for reuse in polymerization processes.
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