Total of France and new hope of the United States cooperate in the chemical recovery project, with an annual capacity of 310000 tons
Total energy of France and new hope energy of Texas signed a commercial agreement. According to the agreement, new hope energy will establish a chemical recycling plant in Tyler, Texas to convert waste plastic waste into recyclable raw materials. Total energy will partially purchase these raw materials and convert them into polymers of the same quality as the new materials, The polymer can be used in food grade packaging.
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Since 2018, new hope energy has been operating a chemical recovery facility in Texas and is expanding. The company said that the facility will become "the largest pyrolysis facility in the world".
The joint venture plant of totalenergies & newhope energy is expected to be put into operation in 2025 and will use the patented pyrolysis technology developed in cooperation with Lummus technology.
The location of the new plant has not been announced, but it will process and convert more than 310000 tons of mixed plastic waste every year, which total energy said would "otherwise be landfilled or incinerated".
Totalenergies will use 100000 tons of recycled polymer feedstock (RPF) in its production department in Texas to produce high-quality polymers suitable for food grade applications, such as flexible and rigid food packaging containers.
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Last year, Dow, headquartered in the United States, announced that it had reached a multi-year agreement with new hope energy. Tyler plant of new hope energy would supply Dow with pyrolysis oil raw materials extracted from recycled plastics.
Val é RIE Goff, senior vice president of totalenergy, said: "we are pleased to work with new hope energy, which provides a promising technology and large-scale capacity. This new project is another specific and important step taken by totalenergy to meet the challenge of plastic recycling. Our goal is to achieve a recovery rate of 30% by 2030."
Rusty combs, CEO of totalenergy, added: "totalenergy understands the need to increase recycling in the United States and abroad, and its 2030 renewable polymer target is proof of its commitment to the circular economy. Our cooperation with Lummus enables us to provide the scale and reliability necessary to support them in this task."
Leon debruyn, President and CEO of Lummus, a pyrolysis technology supplier, said: "the ability to effectively and economically convert waste plastics into pyrolysis oil for further use is a key step towards a truly circular economy. Supporting totalenergies to achieve its sustainable development goals is the purpose of our integrated solution
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