- Xycle's plant will process 21,000 metric tons of plastic waste annually using pyrolysis.
- The facility is strategically located in the Port of Rotterdam for optimal logistics.
- The site is expected to be fully operational by Q4 2026.
- Future plans include expanding capacity to 100,000 metric tons annually.
Project Overview
Xycle, a chemical recycling startup, has secured funding to build its first commercial-scale plant in Rotterdam. The facility will use advanced recycling technology to convert plastic waste into valuable raw materials, marking a significant step in promoting a circular economy for plastics.
Funding and Partners
The funding comprises equity investments from Dow, ING, Invest-NL, and Vopak, along with senior debt from Polestar Capital. These partners bring expertise and resources to support the development and expansion of Xycle's pyrolysis-based technology.
Technology and Capacity
Xycle's technology employs low-temperature pyrolysis to break down difficult-to-recycle plastic waste into pyrolysis oil. This process increases the liquid fraction available for use as cracker feedstock in new plastic production. The plant will process 21,000 metric tons of plastic waste annually, with plans to scale up to 100,000 metric tons in the future.
Strategic Location
Located in the Port of Rotterdam, the facility benefits from existing petrochemical infrastructure and access to European markets. This strategic location facilitates the transportation of plastic waste into the plant and distribution of pyrolysis oil to off-take partners.
Timeline and Future Plans
The site is expected to be fully operational by Q4 2026. Xycle's modular facility design allows for scalable production, ensuring flexibility and efficiency. The company plans to develop more recycling facilities globally, utilizing larger reactor sizes to increase capacity.
