LyondellBasell to Build Industrial-scale Advanced Recycling Plant in Germany
HOUSTON, Nov. 20, 2023 /PRNewswire/ -- LyondellBasell (LYB) today announced it has made the final investment decision to build the company's first industrial-scale catalytic advanced recycling demonstration plant at its Wesseling, Germany, site.
- HOUSTON, Nov. 20, 2023 /PRNewswire/ -- LyondellBasell (LYB) today announced it has made the final investment decision to build the company's first industrial-scale catalytic advanced recycling demonstration plant at its Wesseling, Germany, site.
- Using LyondellBasell's proprietary MoReTec technology, this plant will be the first commercial scale, single-train advanced recycling plant to convert post-consumer plastic waste into feedstock for production of new plastic materials that can be ran at net zero GHG emissions.
- "Scaling up our catalytic advanced recycling technology will allow us to return larger volumes of plastic waste back into the value chain.
- The LYB MoReTec demonstration plant will close the gap for difficult to recycle plastics, such as mixed or flexible materials that are currently sent to landfill or incineration.