Viridor and Plastic Energy Sign MoU For New Chemical Recycling Facility

摘要

London— Viridor and Plastic Energy have signed a memorandum of understanding (MoU) and begun feasibility work to develop a new chemical recycling plant that could return up to 30,000 t/y of previously unrecycled plastic to the economy. The facility, which would be developed, owned and operated by Plastic Energy, would use predominately low-density plastic film provided by Viridor to produce recycled oils (Tacoil). The Tacoil would be used as feedstock to create virgin-quality recycled plastic material. Completion is expected by the end of 2023.