- Technip Energies and Versalis signed an agreement to integrate plastic waste recycling technologies.
- Versalis' Hoop® technology uses pyrolysis to recover mixed plastic waste.
- Technip Energies contributes ethylene furnace and steam cracker design expertise.
- The integrated technologies aim to reduce the carbon footprint of the polymer value chain.
Agreement Overview
Technip Energies and Versalis have signed an agreement to integrate their respective plastic waste recycling technologies. This collaboration aims to develop a technological platform for advanced chemical recycling, creating a sustainable loop for plastic waste and producing new virgin polymers identical to those derived from fossil raw materials.
Technologies Involved
Versalis will contribute its Hoop® technology, a pyrolysis process that efficiently recovers mixed plastic waste. This technology offers high performance in terms of yield, recovery, and flexibility in managing various feedstocks.
Technip Energies will bring its expertise in ethylene furnace and steam cracker design, with over 700 steam crackers operating globally under its license. Additionally, Technip Energies will provide its proprietary purification technologies, Pure.rGasTM and Pure.rOilTM, ensuring safe and optimized integration with both existing and new crackers.
Environmental Impact
The integrated technologies from Versalis and Technip Energies aim to support a circular economy by reducing the overall carbon footprint of the polymer value chain. This initiative aligns with broader industry goals to transition towards more sustainable and decarbonized products.
