LyondellBasell announced it has made a decision to move forward with engineering to build a recycling plant at its Wesseling, Germany, site. Using LyondellBasell’s proprietary MoReTec technology, this commercial scale advanced recycling plant would convert pre-treated plastic waste into feedstock for new plastic production.
The final investment decision is targeted for the end of 2023.
The previously announced German Joint Venture Source One Plastics will provide plastic waste feedstock to the plant. Source One Plastics is planning to build a facility designed to recycle the amount of plastic packaging waste generated by approximately 1.3 million German citizens per year. This plastic waste will consist of materials such as multi-layered food packaging items or mixed plastic containers.
The start-up of the MoReTec advanced recycling plant is planned for end of 2025 with a capacity of 50,000 tonnes per year. The feedstock produced will be converted at the LyondellBasell Wesseling site into new CirculenRevive polymers for use in applications such as food packaging and healthcare products.