INNOVATION | CHEMICAL RECYCLING
Above: Revalyu’s PET recycling facility in Nashik, India is increasing capacity
and can process a wide range of materials. This is achieved using what the company describes as a “high thermal performance pyrolysis reactor” working with the company’s expertise in polymer property analysis and AI-based production process optimisation. Versalis says the 5,000 m2
Hoop demonstration
plant can process 6,000 tonnes/yr of secondary raw material and will hopefully pave the way for the technology to be used on an industrial scale. To this end Eni-Versalis signed a memorandum of understanding with MIMIT (Ministry of Enterprises and Made in Italy) to construct a 40,000 tonne facility at the company’s Priolo site in Sicily. At the opening ceremony of the plant, Versalis
CEO Adriano Alfani said: “Today we are giving further substance and value to circularity, one of the pillars of Versalis’s transformation plan. The Hoop plant we are opening today is a symbol of the path we are following – harnessing innovation to reshape our business through new industrial initiatives based on circularity, biochemistry and specialisation, in pursuit of increased sustainability.” In March,OMV launched its next-scale ReOil
plant at its Schwechat refinery near Vienna, Austria. The facility can process up to 16,000 tonnes/yr of hard-to-recycle mixed plastic waste. Building on a 2018 pilot – which processed over 2,100 tonnes of plastic and achieved more than 30,000 cracking hours – the expansion aims to produce high-quality pyrolysis oil. Compared to waste incineration, the ReOil
technology is projected to reduce CO₂ emissions by up to 34%. The plant received €81.6m in EU funding, the largest grant awarded to OMV to date. OMV is also planning a full-scale industrial facility, pending internal approval. OMV Chairman and CEO, Alfred Stern, said:
“OMV’s chemical recycling technology plays a pivotal role in driving growth in our Chemicals segment. The start-up of the new ReOil plant marks
24 PLASTICS RECYCLING WORLD | July/August 2025
a significant milestone on our path towards achiev- ing climate neutrality by 2050 at the latest. Comple- menting mechanical recycling, ReOil processes plastic waste that would otherwise remain unrecy- clable, reintegrating it into the value chain.” Covestro announced last year that it had invested a “mid-single-digit million Euro amount” in Netherlands-based advanced recycling startup BioBTX. The investment, part of a total package of €80m, will support the construction of a 20,000 tonnes/yr demonstration plant using BioBTX’s ICCP process. This facility will convert mixed organic and plastic waste into aromatic chemicals – benzene, toluene, and xylenes – critical for plastics and coatings production. Covestro’s involvement includes two joint development agreements aimed at recycling its own products and advancing digital process. The project, also backed by Invest-NL and Infinity Recycling, is scheduled to begin operations by early 2027. Thorsten Dreier, CTO of Covestro, said: “Chemi-
cal recycling can make a significant contribution to closing the loop and the BioBTX ICCP technology is a promising way of using waste to recover raw materials that we use in production.” Projects are also going ahead in the Asian region. In November,Revalyu opened a second plant at its Nashik, India site. The company uses glycolysis- based recycling technologies to make PET chips and polymers from waste plastic bottles. The company claims the $100m, two-phase expansion will make the Nashik site the world’s largest PET chemical recycling facility. It says the expanded facility has the capacity to produce to 160 tonnes of PET chips and PET polymer per day. A third plant is scheduled to be operational in Q3 this year, bringing the total capacity of the site to 280 tonnes/day of recycled
PET.Revalyu also plans to set up a 240 tonnes/day PET recycling facility in the US by 2027.
CLICK ON THE LINKS FOR MORE INFORMATION: �
https://luxresearchinc.com �
www.exxonmobil.com �
https://freepointecosystems.com �
https://s-one.de �
www.agilyx.com �
https://green-dot.com �
www.coperion.com �
www.uu.nl �
www.northwestern.edu �
https://versalis.eni.com �
www.omv.com �
www.covestro.com �
https://biobtx.com �
www.revalyu.com
www.plasticsrecyclingworld.com
IMAGE: REVALYU
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