SABIC, Plastic Energy to build recycling plant in Netherlands
by ChemOrbis Editorial Team - content@chemorbis.com
According to a press release, SABIC and Plastic Energy have agreed to build a recycling unit in Geleen, the Netherlands to significantly increase the production of circular polymers derived from used plastic.
The project came as a part of SABIC’s plans to produce circular polymer products on a commercial scale under its TRUCIRCLE™ portfolio, which was introduced back in 2019.
The new plant will operate as a 50-50 joint venture called SPEAR (SABIC Plastic Energy Advanced Recycling BV) and it is expected to become operational in the second half of 2022.
The project came as a part of SABIC’s plans to produce circular polymer products on a commercial scale under its TRUCIRCLE™ portfolio, which was introduced back in 2019.
The new plant will operate as a 50-50 joint venture called SPEAR (SABIC Plastic Energy Advanced Recycling BV) and it is expected to become operational in the second half of 2022.
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