The Netherlands: Polypropylene and High-Density Polyethylene Lyondell Basell Partners with Suez to Set Up Plastics Recycling Firm
The QCP plant is expected to convert consumer waste into 25,000 tonnes of polypropylene and high-density polyethylene. The objective of this company is to churn out an output of 100,000 tonnes by 2020.
Rotterdam/The Netherlands – Lyondell Basell, one of the largest plastics, chemicals and refining companies in the world, and Suez, a global leader in smart, sustainable resource management have recently announced the successful completion of a transaction. This has made each of the companies a 50–50 partner in Quality Circular Polymers (QCP), a premium plastics recycling company in Sittard-Geleen, the Netherlands.
The joint business will leverage the two partners’ strengths. Suez will utilize its leading-edge technology solutions to improve the identification, separation and preparation of materials to be used as feedstock at QCP. Lyondell Basell will apply its long-standing leadership in innovative plastic production technology, vast experience in product development and deep knowledge of important end markets such as consumer goods, where the company has a strong presence.
The QCP plant located in Sittard-Geleen will transform used plastic material into virgin-replacement quality PE and PP materials. The plant is capable of converting consumer waste into 25,000 tonnes of polypropylene (PP) and high-density polyethylene (HDPE) with an objective of 35,000 tonnes later in 2018 and 100,000 tonnes by 2020. The production capacity of the plant will address a growing need for improving the sustainability profile of high-quality plastics in Europe.
Lyondell Basell will add QCP’s recycled products to its range of existing PE and PP materials to help meet increasing customer demand and in line with the EU’s Plastics Strategy. Plastics recycling is also a key market for Suez, which operates nine dedicated facilities in Europe. In 2017, Suez processed 400,000 tonnes of plastic waste and produced 150,000 tonnes of new plastic resources. The company has set an objective of increasing its processing capacity by 50 per cent to 600,000 tonnes in 2020.