- SynPet Technologies is investing €300 million in a recycling plant at the Port of Antwerp-Bruges.
- The facility will process 250,000 tonnes of mixed plastic waste annually into circular naphtha.
- The plant will be operational by the second half of 2028.
- Kolmar Group AG is a key partner and investor in the project.
Investment and Facility Details
SynPet Technologies is investing €300 million in a new recycling facility at the Port of Antwerp-Bruges. The plant will process 250,000 tonnes of mixed plastic waste annually, converting it into circular naphtha and renewable natural gas using SynPet's patented Thermal Conversion Process (TCP®).
Technology and Process
The TCP® technology can recycle all carbon-containing waste, including plastics that current methods like pyrolysis and gasification cannot process. It uses water under elevated pressure and temperature combined with thermal cracking, making it more energy-efficient and economically viable on an industrial scale. The main product, a high-quality circular naphtha substitute, can be directly blended into existing naphtha feedstock without further purification.
Timeline and Strategic Location
The facility is scheduled to become fully operational in the second half of 2028. It will be built on a site with direct water and land access, in collaboration with Euroports and the Port of Antwerp-Bruges. The location will also serve as an R&D center to further optimize circular technologies.
Partnerships and Economic Impact
The project is backed by international Tier-1 partners, including Kolmar Group AG, a Swiss petrochemical trading and manufacturing company. Kolmar has supported SynPet as a seed and Phase 1 equity investor and will serve as the marketing partner for the Antwerp deployment. The project will create over one hundred direct and indirect jobs, positioning Flanders as a leader in the circular economy.
