Plastic Energy, ExxonMobil plan for joint recycling project

Post-consumer plastic waste recycling project

Plastic Energy is collaborating with ExxonMobil on an advanced recycling project in France that will convert post-consumer plastic waste into raw materials for the manufacturing of virgin polymers. The project is expected to be one of the largest advanced recycling plants in Europe, with an initial capacity of 25,000 tonnes of plastic waste per year.

Plastic Energy and ExxonMobil have been developing plans since 2018. A final investment decision is expected in mid-2021 with startup anticipated in 2023. The plan demonstrates how industry, government and consumers can work together to build a more circular system to capture value from post-use plastic.

 

Plastic recycling

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