INDUSTRY
approximately 450,000 tonnes/yr of waste. Early in 2022, Neste conducted a feasibility study to examine capacity for pre-treatment of liquefied waste plastic at its refinery in Porvoo, Finland. By mid-July it had secured a positive grant decision for up to €135m from the EU Innovation Fund for what by then was known as the Pre-treat- ment and Upgrading of Liquefied Waste Plastic to Scale Up Circular Economy (PULSE) project. Neste also purchased European rights to Alterra
Above: French President Emmanuel Macron (left) and Eastman CEO Mark Costa jointly announced Eastman’s plan to invest up to $1bn in a recycling facility in France
partnership with Dow, and purchased a process licence from Mura’s partner KBR to use Hydro-PRT technology in a hydrothermal upgrading facility in South Korea to recycle up to 25,000 tonnes/yr. A new Mura plant situated at Dow’s Böhlen site in Germany is set to become the latest in a series of planned projects around the world designed to rapidly scale chemical recycling technology. The facility, expected to be operational by 2025, would deliver approxi- mately 120,000 tonnes/yr at full run-rate. This and the other planned units could collectively add as much as 600,000 tonnes/yr of capacity by 2030. Honeywell is forming a joint venture with
Avangard Innovative to co-own and operate a chemical recycling plant within Avangard’s Natu- raPCR complex in Waller, Texas. This will use Honeywell’s UpCycle Process Technology, a pyrolysis-based technology that Honeywell launched in 2021. The planned facility will have the capacity to transform 30,000 tpa and production is expected to begin in 2023.
Honeywell also signed a MoU with Egypt’s
Environ Adapt for Recycling Industries to explore the possibility of opening the first UpCycle- equipped facility in the country. The MoU enables Environ to conduct a feasibility study to explore trends, feedstock availability and potential markets, as well as perform technical studies pertaining to the operation of the plant and produce an overall project schedule. US chemical recycling company Encina secured
$55m of equity capital with participation from IMM Investment Global and SW Recycle Fund. It said it would use the funds, in addition to $20m in secured equity financing it had previously ac- quired, to move forward with the commercializa- tion of its plastic waste-to-aromatics recycling business. Encina’s current planned projects include facilities in the US and offshore projects in Asia and South America. Each plant is expected to process
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Energy’s liquefaction technology, having acquired a minority stake in the US company in 2020, and will use it at the plant they are constructing with Ravago in Vlissingen, Netherlands, announced in October 2021. Südpack and Clean Cycle signed an agreement for a long-term investment in Carboliq technology developed by Recenso. The catalytic tribochemical conversion process has been successfully used on mixed waste plastics at a pilot plant in Ennigerloh, Germany. In Spring, Toray Films Europe and Axens announced a collaboration to study a potential PET chemical recycling plant in Saint-Maurice-de-Bey- nost, France. This would use Axens’ Rewind PET depolymerisation process with purification steps to remove organic and inorganic compounds in waste PET, including colorants and pigments. Norwegian chemical recycling company Quantafuel and French investment firm Eurazeo made an agreement to build a 50/50 sorting facility in Esbjerg, Denmark. The plant, based around a high-tech sorting system capable of separating plastic waste into mono fractions, will have 160,000 tonnes/yr capacity and be operational by the second half of 2023. Ineos Styrolution signed an offtake agreement
with Indaver in June to access styrene monomer recovered from waste yoghurt pots using the latter’s depolymerisation technology. Indaver is building a plant in the Port of Antwerp, Belgium which is expected to recycle 65,000 tonnes/yr from 2024. In a development that broadens its circular
products offering, Borealis introduced its Borvida portfolio of circular base chemicals. The range will initially be based on non-food waste biomass and chemically recycled waste, and in the future will also draw from atmospheric carbon capture. The range will offer base chemicals or cracker products such as ethylene, propylene, butene and phenol with ISCC Plus-certified sustainable content from Borealis sites in Finland, Sweden, and Belgium. In July, London-based clean tech company Itero announced that it had secured €6m (£5m) in funding to design and build its first demonstration
Chemical Recycling – Global Insight 2023
IMAGE: ELIOT BLONDET/
ABACAPRESS.COM
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