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.
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 TACOIL, a feedstock product patented by Plastic Energy that SABIC can incorporate into its European petrochemical operations. The plant, which will be located in the Netherlands, is set to begin commercial operations in 2021.