Plastic Energy is a technology company focused on advanced chemical recycling of end-of-life plastics. It develops and operates facilities that use its Thermal Anaerobic Conversion (TAC) process to convert mixed, hard-to-recycle plastic waste into a recycled hydrocarbon oil marketed as TACOIL.
TACOIL is supplied to petrochemical crackers as an alternative to fossil naphtha to make new polymers for packaging and other applications, enabling certified circular plastics within existing value chains. The company collaborates with major polymer producers through supply agreements and joint ventures, with industrial-scale operations proven in Spain and additional projects in development in Europe and beyond. Its activities aim to increase resource efficiency and reduce reliance on virgin fossil feedstocks in the plastics and chemicals sector.
