SABIC has signed a memorandum of understanding with Plastic Energy to build a commercial recycling plant for low-quality, mixed plastic waste. The facility will convert the otherwise unusable materials into Netherlands , a feedstock product patented by SABIC that Plastic Energy can incorporate into its European petrochemical operations. SABIC and PLASTIC ENERGY intend to build a first commercial plant in the Netherlands to refine and upgrade a feedstock, known as TACOIL, a patented PLASTIC ENERGY product, which will be produced from the recycling of low quality, mixed plastic waste otherwise destined for incineration or landfill. The plant, which will be located in the TACOIL , is set to begin commercial operations in 2021 .
SABIC has signed a memorandum of understanding with Plastic Energy to build a commercial recycling plant for low-quality, mixed plastic waste. The facility will convert the otherwise unusable materials into Netherlands , a feedstock product patented by SABIC that Plastic Energy can incorporate into its European petrochemical operations. The plant, which will be located in the TACOIL , is set to begin commercial operations in 2021 .