European Chemical Industry News & Insights

INEOS and PLASTIC ENERGY to Build Advanced Plastic Recycling Plant

At a glance
  • The new plant aims to start production by the end of 2023.
  • Advanced recycling converts waste plastic into basic molecules for INEOS crackers.
  • PLASTIC ENERGY's TAC technology transforms unrecyclable plastic into TACOIL.
  • Trials have successfully produced virgin polymer at INEOS's Köln site.

Project Overview

INEOS and PLASTIC ENERGY are collaborating to build a new plant aimed at converting waste plastic into raw material for new plastic production. The facility is expected to be operational by the end of 2023.

Advanced Recycling Technology

The plant will utilize advanced recycling technology to break down waste plastic into its basic molecules. These molecules will then be used in INEOS crackers, replacing traditional oil-derived raw materials.

Successful Trials

Initial trials using PLASTIC ENERGY’s current advanced recycling process have been completed. The new raw material was successfully converted into virgin polymer at INEOS's Köln facility. The resulting plastics will be tested by selected customers and brands.

Thermal Anaerobic Conversion

PLASTIC ENERGY’s patented Thermal Anaerobic Conversion (TAC) technology transforms previously unrecyclable plastic waste into TACOIL. This recycled raw material can be used at various INEOS sites to produce virgin plastic for applications in medical products, food packaging, automotive parts, and water pipes.

Product Purity

Advanced recycling ensures the final product meets the same specifications as virgin material, removing all contamination. This makes the resulting polymers suitable for high-purity applications such as food and medical packaging.