French oil and gas company TotalEnergies has signed a commercial agreement with chemical recycling firm New Hope Energy to develop an advanced recycling project in Texas.
Scheduled to begin production in 2025, the recycling facility will convert end-of-life plastic waste into recycled polymer feedstock (RPF).
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TotalEnergies will purchase part of the feedstock and recycle it into virgin-quality polymers, which will be used to produce food-grade packaging such as flexible and rigid food packaging containers.
The plant will have the capacity to process and convert more than 310,000t of mixed plastic waste a year.
TotalEnergies will use 100,000t of the RPF produced to manufacture high-quality polymers at its production units in Texas.
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TotalEnergies polymers senior vice-president Valérie Goff said: “We are pleased to partner with New Hope Energy, which offers a promising technology and the ability to scale.
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By GlobalData“This new project is another concrete and significant step TotalEnergies is taking to address the challenge of plastic recycling and meet our goal of producing 30% circular polymers by 2030.”
The facility will be equipped with a patented pyrolysis technology, which New Hope Energy jointly developed with Lummus Technology.
New Hope Energy CEO Rusty Combs said: “TotalEnergies understands the need to increase recycling in the US and abroad, and their 2030 renewable polymer goal is a testament of their commitment to the circular economy.
“Our partnership with Lummus has allowed us to provide the scale and reliability necessary to support them in this mission.”
Lummus Technology president and CEO Leon de Bruyn said: “The ability to effectively and economically convert waste plastics to pyrolysis oil for further use is a critical step in achieving a true circular economy.
“Supporting TotalEnergies in reaching their sustainability goals is exactly what our integrated processing solutions are designed to do.”
In January this year, TotalEnergies partnered with chemical recycling company Plastic Energy to build an advanced plastic recycling project in Spain.
