SABIC has announced that it has signed a memorandum of understanding (MoU) with UK-based PLASTIC ENERGY Ltd, a pioneer in chemical plastics recycling, for the supply of feedstock to support SABIC’s petrochemical operations in Europe. 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 is anticipated to enter commercial production in 2021. PLASTIC ENERGY has commercialised a patented thermochemical conversion technology to convert a wide range of end-of-life, dirty and contaminated plastics, hardly recyclable for conventional processes, into usable feedstock. Plastics are melted in an oxygen free environment and then broken down into synthetic oils, at which point the oils need to be refined and upgraded as feedstock for traditional petrochemical uses. Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/07122018/sabic-signs-mou-with-plastic-energy-for-recycled-feedstock/ In this webinar, Dynamics Scientific will discuss their COMPACS System, which allows you to achieve optimal reliability through real-time monitoring of vibration as well as other parameters. Register for free today » The April issue of Hydrocarbon Engineering is now available online! Embed article link: (copy the HTML code below):
SABIC has signed a memorandum of understanding with Plastic Energy to build a commercial recycling plant for low-quality, mixed plastic waste. The company will be responsible for the construction and operation of the facility, which is expected to begin operations in 2018. The plant, which will be located in the Netherlands, is set to begin commercial operations in 2021.