The new plant enables plastic waste to be diverted from landfill or incineration and instead transformed into new valuable polymers. The plant creates a more circular and sustainable approach to plastic production, saving CO2 and helping to replace oil and gas as a raw material. One example of the many products it will develop is light weight car parts.
The new plant, which is part of INEOS’s global 100 million Euro research and development program, is an important investment in the Rosignano site and for the whole of INEOS Olefins & Polymers (O&P)
“Demonstrating INEOS’ commitment to develop this technology to full commercial scale, this pilot plant will help to use more and more plastic waste for new high value polymers which is the very core of the circular economy,” said Dr. Gerd Franken chairman of INEOS O&P Europe and chairman of INEOS Polyolefins Catalyst.
“I would like to thank those that have supported this key R&D project from the beginning, across regional and local authorities,” added Dr. Iain Hogan CEO INEOS O&P South.