Plastic waste news

The acquisition aims to drive innovation in plastics recycling, achieving full circularity by 2025. Quantafuel's technology converts waste plastics into raw materials for new plastics production.

The €40M EU grant will fund an advanced recycling plant in Germany, converting plastic waste into new materials, reducing CO2 emissions, and supporting the European Green Deal.

The new plant will use MoReTec technology to recycle 50,000 tonnes of plastic waste annually, converting it into feedstock for new plastics, reducing CO2 emissions and supporting a circular economy.

The new unit will produce 30,000 tons of recycled plastic annually by 2026, supporting high-performance packaging. It aligns with the goal of 1 million tons of circular polymers by 2030 and maintains 250 jobs.

Eastman has secured over 80% of the feedstock for its French molecular recycling facility, partnering with Citeo, Paprec, and Interzero. The facility will recycle 200,000 metric tonnes annually by 2026.