TotalEnergies and Indaver sign an offtake agreement for petrochemical feedstock from advanced recycling.
By Chemical Processing Staff
TotalEnergies and Indaver, a provider of sustainable waste management and advanced recycling in Europe, announce a commercial agreement for the supply of petrochemical feedstock generated from recycling of mixed polyolefins waste. Under this agreement, TotalEnergies will purchase the petrochemical feedstock produced at Indaver’s first Plastics2Chemicals plant (P2C). Indaver will supply and transform post-consumer mixed plastic waste into a petrochemical feedstock at its plant in Antwerp using its proprietary depolymerization technology. Currently under construction, the plant is expected to become operational by 2024.
TotalEnergies will process the petrochemical feedstock into high-quality circular polymers at its plants in Antwerp, according to the company. With properties and quality identical to virgin polymers, the recycled polymers reportedly will be suitable for a wide range of high demanding applications including food-grade packaging.
“We are delighted to support the development of advanced plastic recycling through this new offtake agreement. A collaboration throughout the value chain is critical to develop a more circular and sustainable economy. This partnership contributes to our ambition of producing 30% circular polymers by 2030,” says Valérie Goff, senior vice president renewable fuels and chemicals for TotalEnergies, in a press release from the company.
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