- Xycle's plant will process 21,000 metric tons of plastic waste annually.
- The facility will be operational by Q4 2026.
- Xycle uses low-temperature pyrolysis to convert plastic waste into pyrolysis oil.
- Future plans include expanding capacity to 100,000 metric tons annually.
Funding and Location
Xycle has secured financing to construct its first commercial-scale chemical recycling plant in the Port of Rotterdam. The funding comes from a consortium of investors, including Dow, ING, Invest-NL, and Vopak, with senior debt from Polestar Capital. The strategic location in Rotterdam provides access to transportation networks and existing petrochemical infrastructure, facilitating the movement of plastic waste and distribution of pyrolysis oil.
Technology and Capacity
Xycle's innovative recycling technology employs low-temperature pyrolysis to break down hard-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 expand capacity to 100,000 metric tons in future facilities.
Operational Timeline
The Rotterdam facility is expected to be fully operational by the fourth quarter of 2026. The modular design of Xycle's facilities allows for scalable production, ensuring flexibility and efficiency in response to market demand.
Future Expansion
Xycle aims to develop additional chemical recycling facilities globally, utilizing larger reactor sizes to increase single plant capacity. This expansion aligns with the company's mission to advance a circular economy for plastics by transforming waste into valuable raw materials.
