LyondellBasell and EEW Energy from Waste signed a letter of intent (LOI). The LOI includes exploring a potential long-term strategic partnership to extract and recycle plastics out of incineration waste streams. This proposed collaboration would potentially include construction of waste pre-sorting facilities at or near EEW incineration plants to remove plastics from waste streams bound for incineration, and investment in advanced sorting facilities to further sort and refine the plastic that has been removed.
This collaboration supports the new LyondellBasell strategy to invest in advanced sorting infrastructure to produce plastic waste-based feedstocks and grow its Circular and Low Carbon Solutions business.
Read more at https://www.lyondellbasell.com/en/news-events/corporate–financial-news/lyondellbasell-and-eew-sign-loi-for-potential-advanced-waste-sorting/