Chemical giant Dow has struck a deal with the Fuenix Ecogy Group for the supply of pyrolysis oil feedstock, made from recycled plastic waste.
The feedstock will be used to produce new polymers at Dow’s production facilities at Terneuzen, The Netherlands.
Dow says the polymers produced from the pyrolysis oil will be
identical to products made from traditional feedstocks and can be used in
similar applications, including food packaging.
The agreement helps to deliver Dow’s ‘circular economy’ strategy of integrating recycled content and renewable feedstocks into its production processes. It also contributes to Dow’s commitment to incorporate at least 100 000 tonnes of recycled plastic in its product offerings sold in the EU by 2025.
‘We believe plastics are too valuable to be lost as waste and should be part of the circular economy,’ says Diego Donoso, business president for Dow Packaging & Specialty Plastics.
‘With partners in South America, we have supported the development of construction materials made with recycled plastics for schools and in Southeast Asia, Mexico and the United States, we have built roads made with recycled plastics. This partnership with Fuenix is an important next step in moving us closer to the future we envision, which is the “c” of circular polymers.’
Sirt Mellema, ceo of Fuenix, based in Weert in The Netherlands, adds: ‘This partnership offers us the opportunity to scale up our technology. Our ambition is to ensure the value of plastic waste is fully used to create new, circular plastic while significantly reducing the global use of virgin raw materials and CO2 emissions.’
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