Lyondell Basell has plans to use its proprietary Moretec technology for the development of an industrial-scale advanced recycling plant in Germany. The project is expected to have an annual capacity of 50,000 tonnes per year and will recycle plastic packaging waste from the country.

Versalis has started the construction of its demo plant in Mantua, Italy to develop Hoop, its proprietary technology for chemical recycling of mixed plastic waste. The technology is expected to complement mechanical recycling by transforming mixed plastic waste into raw materials to produce new virgin polymers.

Orion has successfully completed the development of a carbon black plant in eastern China which is also the firm’s first greenfield project. The plant is expected to meet the growing demand of carbon black in Asia.

Lummus Technology and Citroniq Chemicals have entered into licensing and engineering agreements for the development of green polypropylene plants in the U.S. The first unit is expected to produce 400kta of bio-polypropylene.

Sinopec has selected Lummus’ Novolen technology for its new 500 kilo ton per annum polypropylene plant in China. Lummus’ scope includes the technology license, basic design engineering, training and project engineering services for the project.

Exxonmobil’s two new chemical production units at its Baytown, Texas manufacturing facility in the USA are expected to produce 400,000 metric tons per year of polymer modifiers and 350,000 tons per year of linear alpha olefins respectively.

Arkema has further decreased the carbon footprint of its bio-based Rilsan polyamide 11 grades by 46 %, reaching less than 2 kg CO2e/kg. This was made possible by the firm’s use of renewable or low carbon energy sources and by making various energy efficiency improvements in its production sites.

Under a MOU signed between LG Chem and GS Caltex, both the firms will work together to accelerate the commercialization of the world's first 3HP eco-friendly bio material.

Mechanical recycling and chemical recycling of PET will play a significant role for the plastics industry to achieve a circular economy. Today, many innovative solutions are being introduced in the market to make this goal a reality.

The new Borstar polyethylene unit is a part of Borealis and Total Energies’ Baystar joint venture. Located in Texas, the facility is expected to produce 625,000 metric tons-per-year.