TotalEnergies invests in Spanish plastic recycling
France's TotalEnergies said on January 11 it had teamed up with Plastic Energy to build a second advanced plastic recycling plant in Sevilla in Spain.
The partners already run one operational plastic recycling plant in Spain, and have now committed to constructing a second one by 2025. The plant would process 33,000 metric tons/year of post-consumer end-of-life plastic waste into a recycled feedstock called TACOIL, using Plastic Energy's patent recycling technology. TACOIL can then be converted into polymers that can be used for food-grade packaging.
Outside of Spain, TotalEnergies and Plastic Energy decided in October 2020 to build a 15,000 mt/yr plastic waste conversion facility in France by 2023. They also formed a strategic partnership with Freepoint Ecoo-Systems in October last year for a similar, 33,000 mt/yr facility in Texas by 2024.
"Those projects contribute to addressing the challenge of the circular economy and to our ambition of producing 30% recycled and renewable polymer by 2030," TotalEnergies' senior vice president for polymers, Valerie Goff, commented.