McDermott Awarded FEED Contract for Plastic Recycling Project

Dermott International, Ltd announced it has been awarded a Front End Engineering Design (FEED) contract from Michelin Group in France for the first industrialization of an innovative plastic recycling process to produce regenerated styrene from polystyrene. The regenerated styrene produced will be used in the production of synthetic rubber for tires and polystyrene.

McDermott will provide value engineering, risk analysis and a detailed constructability study within this industry-first FEED. Work on the project, executed from McDermott’s office in Brno, Czech Republic, will begin immediately and is expected to be completed in third quarter 2021.

Read more at https://www.mcdermott-investors.com/news/press-release-details/2021/McDermott-Awarded-FEED-Contract-for-Plastic-Recycling-Project/default.aspx

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