The Source One Plastics joint venture has commissioned a plant for sorting and recycling plastic waste in Eicklingen. 23 Oaks Investments and LyondellBasell intend to use the new plant to process plastics that are difficult to recycle, such as mixed plastic packaging and flexible polyolefins.
The new plant will be a Innovative drying process which reduces energy consumption by up to thirty per cent compared to conventional plastic recycling technologies. The system is designed so that the Occurrence of fine plastic dust and its release into the environment minimised will. The plant will be powered by locally generated renewable energy. The plastic waste processed in Eicklingen will form a significant part of the feedstock for the first large-scale catalytic recycling plant that LyondellBasell will build at its site in Wesseling, Germany.
„Today we are celebrating the opening of our Source One Plastics joint venture plant with valued partners, employees and local stakeholders. This is another important milestone in our strategy to transform recycled material into high-quality polymers. This state-of-the-art, advanced sorting facility will convert post-consumer mixed plastic waste into feedstock for our integrated centre in Cologne. There, we will utilise cutting-edge technologies to close the loop on plastics and create sustainable solutions for society.“
Yvonne van der Laan, LyondellBasell Executive Vice President, Circular and Low Carbon Solutions
The Source One Plastics joint venture will offer a broad portfolio of services for the sourcing, sorting and pre-treatment of plastic waste to provide feedstock for advanced recycling. Through advanced recycling LyondellBasell high-quality polymers for a range of applications. As a strategic solution provider for the sustainable use of plastics, 23 Oaks combines global experience and extensive knowledge in all areas of the circular economy.
„We combine this expertise with a strong operational approach. With the Source One Plastics plant, we are today inaugurating another ecologically and economically attractive solution for the upcycling of post-consumer plastic waste. We are proud to be able to realise our idea of a better circular economy. With the help of AI technology, our system will recognise and sort material composites on a product-specific basis. We have thus laid the foundation for a true circular economy, the supreme discipline of the circular economy.“
Kai Hoyer, owner of 23 Oaks Investments
Source: LyondellBasell
