FRANCE – TotalEnergies has signed a commercial agreement with Indaver for supplying petrochemical feedstock generated from recycling mixed polyolefins waste.

Under this agreement, TotalEnergies will purchase the petrochemical feedstock produced at Indaver’s first Plastics2Chemicals plant (P2C).

Reportedly, Indaver will convert post-consumer mixed plastic waste into petrochemical feedstock at its Plastics2Chemicals (P2C) plant, which is currently under construction and set to open its doors in 2024.

The recycled polymers are said to be identical to virgin polymers in properties and quality, making them suitable materials for food packaging and other contact-sensitive applications.

“We are delighted to support the development of advanced plastic recycling through this new offtake agreement,” said Valérie Goff, Senior Vice President of Renewable Fuels & Chemicals.

“A collaboration throughout the value chain is critical to developing a more circular and sustainable economy. This partnership contributes to our ambition of producing 30% circular polymers by 2030.”

Paul De Bruycker, CEO of the Indaver Group said: “We are very pleased with this agreement. Our companies share the same vision of a true circular economy for recycled end-of-life plastics.

“Indaver’s Plastics-to-Chemicals (P2C) depolymerization technology allows to recycle of end-of-life plastics such as polyolefins and polystyrene by converting them into a petrochemical feedstock that can be used for the production of high-demand packaging materials.

With P2C, we significantly expand the possibilities for recycling end-of-life plastics waste that could previously not be recycled or only be used for conversion into low-value applications.”

Indaver has facilities and operations at more than 30 locations in Belgium, Germany, Ireland, the UK, the Netherlands, Italy, Spain and Portugal.

The Indaver Group manages around 5 million tonnes of waste every year and employs approximately 1,700 people.

Collaboration to produce bio-based materials

Meanwhile, Neste, Idemitsu Kosan, CHIMEI and Mitsubishi Corporation are working together to create a supply chain of renewable plastics, using Neste’s bio-based hydrocarbons to produce styrene monomer and its renewable, mass-balanced derivatives such as bio-ABS.

The use of Neste RE is thought to reduce greenhouse gas emissions when compared to the use of conventional fossil feedstock.

If the collaboration is successful, it is expected to contribute towards an industry-wide reduction of greenhouse gas emissions and the transition into a low-carbon emission society.

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