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Strategic Partnership Announced for Plastic Waste to Polymers Plant in Texas
October 26, 2021

Plastic Energy Ltd, Freepoint Eco-Systems and TotalEnergies have entered into a strategic partnership to build an advanced recycling plant in Texas, which will transform plastic waste into recycled feedstock for Polymers.

Plastic Energy and Freepoint Eco-Systems will build the Texas recycling plant that will the plastic waste into a recycled feedstock called TACOIL using Plastic Energy's patented technology, and TotalEnergies will convert the raw material into Virgin-quality Polymers.

The companies said the plant, expected to be in operation by mid-2024, will process and convert 33,000 mt/yr of post-consumer end-of-life plastic waste that would otherwise be destined for landfill or incineration.

The Texas recycling project follows TotalEnergies and Plastic Energy previously announced joint venture project in September 2020 to build a 15,000 mt/yr plastic waste conversion facility at the TotalEnergies Grandpuits zero-crude platform in France, which will be operational in early 2023.

"This strategic partnership in the US following the construction of the first advanced recycling plant in France with Plastic Energy are important steps in the development of the advanced recycling of plastic waste worldwide as well as in the US specifically, said Valérie Goff, Senior Vice President, Polymers at TotalEnergies. "It will contribute to addressing the challenge of the circular economy and to achieve our ambition of producing 30% recycled and renewable polymers by 2030."

By Brian Balboa for The Plastics Exchange.

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