- LyondellBasell and EEW signed a letter of intent to explore a long-term strategic partnership.
- The collaboration aims to build waste pre-sorting facilities at or near EEW incineration plants.
- The goal is to extract and recycle plastics from incineration waste streams.
- This initiative supports LyondellBasell's strategy to invest in advanced sorting infrastructure.
Partnership Overview
LyondellBasell and EEW Energy from Waste have signed a letter of intent (LOI) to explore a potential long-term strategic partnership. The focus is on extracting and recycling plastics from incineration waste streams.
Project Scope
The collaboration may involve constructing waste pre-sorting facilities at or near EEW incineration plants. These facilities would remove plastics from waste streams destined for incineration. Additionally, there would be investments in advanced sorting facilities to further refine the extracted plastics.
Strategic Goals
This initiative aligns with LyondellBasell's strategy to invest in advanced sorting infrastructure. The aim is to produce plastic waste-based feedstocks, expand its Circular and Low Carbon Solutions business, and optimize waste streams for additional value.
Environmental Impact
By diverting plastics from incineration, the collaboration aims to reduce fossil CO2 emissions associated with burning these materials. The sorted plastics would support existing mechanical recycling facilities in the Netherlands and a potential advanced recycling unit in Germany.
Statements from Executives
Yvonne van der Laan, LyondellBasell's executive vice president, emphasized the importance of collaborations across the value chain to free up plastic waste for recycling. Bernard M. Kemper, CEO of EEW, highlighted the creation of a solution for plastic waste that is currently not recyclable.
Conclusion
The intended cooperation represents a significant advancement in recycling opportunities. It leverages the sites and technical expertise of both companies to promote a sustainable circular economy.
