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New facility to be built that will recycle plastic into fuel
A Memorandum of Understanding (MoU) is to be signed between Viridor and PLASTIC Energy. The partnership will see up to 30,000 tonnes of plastic recycled into oil every year. The project, due to be completed in 2023, will recycle low-density plastic film which is not yet commonly recycled because of contamination.
Managing Director of Viridor, Phillip Piddington, commented:
“We are very proud to be working with Plastic Energy to develop a project which further demonstrates how all waste can be considered a resource and not rubbish and that collaboration is the key to achieving our green economy goals.”
Further to this, Carlos Monreal, Founder and CEO of PLASTIC ENERGY, added:
“Chemical recycling will support government’s goal to move towards a circular economy and to increase recycling rates for plastics, effectively making plastic waste a valuable resource.”
Source: Future Net Zero
