Plastic Energy is a technology company specializing in advanced chemical recycling of end‑of‑life plastics. Using its proprietary Thermal Anaerobic Conversion (TAC) process, the company converts mixed, hard‑to‑recycle plastic waste into a recycled hydrocarbon oil branded TACOIL, which can be used as a drop‑in feedstock in steam crackers to produce new, virgin‑equivalent polymers.
Plastic Energy develops and operates commercial recycling plants and collaborates with petrochemical producers and brand owners through long‑term offtake agreements and joint initiatives to integrate recycled feedstocks into existing plastics value chains. Its process targets flexible and mixed plastic packaging that is typically not mechanically recycled, helping divert waste from landfill and incineration and supporting circular polymer production, including applications that can meet food‑contact standards via mass balance approaches.
The company’s operations include industrial‑scale facilities in Spain and a pipeline of projects across Europe aimed at scaling circular feedstock supply for the chemical and packaging industries.