RES S.p.A. (RES), a company that has been operating for over 30 years in the Circular Economy and environmental sustainability sector, has signed a multi-year contract with Shell Chemicals Europe B.V., for the sale and purchase of pyrolysis oil that will be produced at the innovative plastics treatment and transformation industrial hub of Pettoranello del Molise (Isernia), one of the most advanced in Europe.

The long-term agreement starting in June 2026 and includes a commitment by Shell Chemicals Europe B.V.to purchase the entire output to be produced at the Pettoranello plant. The agreement also includes the option for Shell to offtake additional volume of pyrolysis oil produced by a Second Plant RES Group might build in the future.

When fully implemented, the project will generate an expected additional annual revenue of more than EUR 20 million for RES Group.

The plastic waste chemical recycling plant, developed with BlueAlp technology and currently under construction, will be fully operational by the first half of 2026 and will be capable of handling up to 20k/ton per year of input material, with a planned production capacity of 15k/ton per year of pyrolysis oil, employing about 20 workers when fully operational.

Antonio Lucio Valerio, CEO of RES S.p.A, states: “This off-take agreement represents confirmation of the right choices made in past years to focus on pyrolysis technology. The investments made for the construction of the new plant are crowned by the signing of this important collaboration with a global player such as Shell, which marks the beginning of a strategic partnership for both parties and a fundamental step in the promotion of sustainable and innovative solutions in chemical recycling. This strengthens RES's mission, which hence becomes the first company of the waste management industry in Italy and one of the first in Europe to undertake this innovative path, to transform post-consumer plastics into valuable resources for industry, through highly innovative processes, contributing to the circular economy”.

Thijs Arlman, Global Head of Plastic Circularity at Shell adds: “Shell is very pleased to be entering this long-term agreement with RES, that brings deep experience in the waste and recycling market. Shell looks forward to working with RES in order to supply our customers with more circular chemicals, while advancing our drive in the development of a viable circular plastic value chain”.