LyondellBasell has made a decision to move forward with engineering to build an advanced recycling plant at its Wesseling, Germany, site. Using LyondellBasell's proprietary MoReTec technology, this commercial scale advanced recycling plant would convert pre-treated plastic waste into feedstock for new plastic production. The final investment decision is targeted for the end of 2023.

The previously announced German Joint Venture Source One Plastics will provide plastic waste feedstock to the plant. Source One Plastics is planning to build a facility designed to recycle the amount of plastic packaging waste generated by approximately 1.3 million German citizens per year. This plastic waste will consist of materials such as multi-layered food packaging items or mixed plastic containers that are typically not recycled today.

"We are actively working to move the circular economy forward. Progressing our MoReTec technology represents another step LyondellBasell is making to accelerate the development and implementation of scalable sustainable and circular technology," said Yvonne van der Laan, LyondellBasell Executive Vice President, Circular and Low Carbon Solutions. "This high yield, differential technology will allow us to convert plastic waste into pyrolysis oil and pyrolysis gas for use in our crackers as feedstock leading to the production of new plastic materials. Solid process residues can be re-used or consumed in other applications, making this technology an energy efficient, zero waste process for the recycling of plastic waste".

The start-up of the MoReTec advanced recycling plant is planned for end of 2025 with a capacity of 50,000 tonnes per year. The feedstock produced will be converted at the LyondellBasell Wesseling site into new CirculenRevive polymers for use in applications such as food packaging and healthcare products.