Friday 22 May 2020

Viridor and PLASTIC ENERGY to build facility that recycles plastic into fuel

Nearly 30,000 tonnes of unrecycled plastic could be converted to recycled oils every year at a new plant, which would be the result of a Memorandum of Understanding (MoU) signed by Viridor and PLASTIC Energy.

Low-density plastic film, a stream traditionally not recycled due to contamination, will be supplied by the waste management firm to a chemical recycling plant, which is expected to be completed by the end of 2023.

The recycled oils produced from the plastic waste would be used as a feedstock to create virgin-quality recycled plastic material in collaboration with the chemical industry.

Phillip Piddington, Managing Director of Viridor, said: “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."

Carlos Monreal, Founder and CEO of PLASTIC ENERGY, said: "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.”