Plastic Circularity Synova, Sabic, Technip Energies to Develop Olefins and Aromatics Plant

Source: Press release Synova

Related Vendors

The consortium has entered into a joint development and cooperation agreement to establish a commercial plant which will produce olefins and aromatics from plastic waste. Synova and Technip Energies’ combined technology will be used for the plant which will be integrated with Sabic’s steam cracker.

The Joint Development and Cooperation Agreement clearly defines the next steps that Sabic, Technip Energies, and Synova will execute together to successfully build a commercial scale chemical recycling plant to improve plastic circularity.
The Joint Development and Cooperation Agreement clearly defines the next steps that Sabic, Technip Energies, and Synova will execute together to successfully build a commercial scale chemical recycling plant to improve plastic circularity.
(Source: Pixabay)

Maassluis/The Netherlands – Synova; Sabic Global Technologies, an affiliate of Saudi Basic Industries Corporation (Sabic); and Technip Energies have signed a Joint Development and Cooperation Agreement on November 23, 2022 to collaborate on the development and realization of a commercial plant, which will produce olefins and aromatics from plastic waste. The plant will use a combined technology developed by Synova and Technip Energies and will be integrated with one of Sabic’s steam crackers. As such, the plant will contribute to Sabic’s vision of closing the loop on used plastic.

The combined technology includes Synova’s proprietary solids cracking technology (Milena) in combination with its gas conditioning and tars removal technology (OLGA) for the conversion of plastic waste into product gas, which contains high value chemicals. The Synova technology is combined with Technip Energies’ proprietary gas treatment technology (Pure.rgas) to remove contaminants from the product gas and purify it to bring the final products up to a specification compatible with processing in a steam cracker downstream of the cracker furnace. The combined technology efficiently converts plastic waste into high value chemicals, enabling an efficient plastic circularity route and significant reduction of greenhouse gas emission.

In support of Synova and the collaboration, Sabic’s affiliate Sabic Ventures US Holdings has become an investor in Synova. Synova will use their investment to enhance the development of its technology and to strengthen its engineering capabilities.

Stay up to Date

Do you want the latest news, specialist articles and information on new products? Then you can register for our free newsletter:

Choose your Newsletter

Jörg Krüger, CEO and Managing Director at Synova, said: “I am thrilled that Sabic has joined Synova as an investor and development partner. This proves the confidence Sabic has in our team and our technology. The Sabic investment follows the completion of an in depth technical due diligence process. The Joint Development and Cooperation Agreement clearly defines the next steps that Sabic, Technip Energies, and Synova will execute together to successfully build a commercial scale chemical recycling plant to improve plastic circularity.”

Bhaskar Patel, SVP Business Line Sustainable Fuels, Chemicals and Circularity, at Technip Energies, stated: “We are excited to work together with Sabic and Synova on this opportunity to bring circularity for plastic waste to reality. Building on the cooperation Technip Energies already has with Synova, we are looking forward to joining forces with Sabic and supporting their ambition in the field of circularity by providing our technological expertise for the purification of pyrolysis gas together with our engineering skillsets for a successful commercial plant.”

(ID:48800540)

Subscribe to the newsletter now

Don't Miss out on Our Best Content

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy.

Unfold for details of your consent