01 Nov 2022 --- Ineos Olefins & Polymers Europe and Plastic Energy have announced a Memorandum Of Understanding to produce 100,000 metric tons of recycled raw materials from plastic waste annually. The project based in Cologne, Germany, will represent the largest use of plastic energy technology on the market, asserts Ineos. The new raw materials will enable a circular approach to producing essential plastic items that meet the requirements of demanding food contact and medical applications. Production is targeted for the end of 2026. Rob Ingram, CEO of Ineos O&P Europe North, says: “Advanced recycling is an essential part of the solution for turning plastic waste into materials that can be used for demanding applications.”
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