This certification supports recent successful, commercial-scale trials of Advanced Recycling technology for the production of ethylene, propylene, High Density Polyethylene (HDPE) and Polypropylene (PP).
Advanced Recycling converts waste plastic, which was destined for a landfill, back into a liquid raw material for use again in next generation plastic production. Also known as Chemical Recycling, this technology can be used for many types of plastic including mixed plastic waste streams that are normally difficult or impossible to process with traditional recycling.
The new technology enables plastics to be recycled back to a raw material stream and returned to the market as new product from recycled material. The product properties are identical to virgin plastics made from oil and gas. Advanced Recycling creates a closed-loop system for plastics management, helps reduce landfill, prevents plastic from ending up in the environment and reduces the use of fossil-fuel based raw materials.
Mike Nagle, CEO of INEOS Olefins & Polymers USA said: “Plastic waste is an important problem that INEOS is committed to addressing. Using difficult-to-recycle waste streams as a new raw material is a step-change. This investment is beneficial to INEOS and our customers but also for the overall global issue of plastic waste and the management of essential plastic products.”
INEOS is committed to contributing to a Circular Economy where materials are re-used and recycled to the maximum extent possible through both Mechanical and Advanced Recycling in a broad range of applications.
INEOS Olefins & Polymer USA has received strong customer interest in polyethylene and polypropylene products derived from recycled plastics. The ISCC PLUS certification supports the success INEOS has achieved in the commercial-scale trial and lays the groundwork for INEOS’ commercial offering for a next generation of polymer products.