EC 271-726-5
Also known as Naphtha (petroleum), heavy pyrolysis.
The Wesseling plant received its first permit, enabling construction to convert plastic waste into pyrolysis oil and gas, aiming for a circular plastics economy by 2026.
After expansions, the terminal now holds 300,000 m³ for fuels. The sale aligns with a strategy to focus on growth in Port Klang, Malaysia. Financial terms are undisclosed.
The new plant will use MoReTec technology to recycle mixed plastic waste into new polymers, supporting Germany's circular economy goals. Startup is set for 2026, with EU funding of 40 million euros.
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 plant will use MoReTec technology to convert plastic waste into feedstock for new plastics. Start-up is planned for 2025, with a capacity of 50,000 tonnes per year.
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