Transforming End-of-Life Plastics into Industry-Ready Chemicals by 2024
Indaver has started construction of a Plastics2Chamicals plant in the port of Antwerp that can recycle end-of-life plastics into basic chemicals for industry. Start-up is scheduled for 2024 and will run at full capacity from 2027.
Plastic is known as one of the biggest polluters of our planet. That is why more and more initiatives are looking for ways to reuse or recycle plastic in a different way after all. With its new facility, Indaver also wants to process plastic streams that do not qualify for other forms of recycling. These come from household packaging waste and other plastic fractions from households or industry, both from Belgium and abroad.
The Plastics2Chemicals plant will recycle about 26 000 tonnes of plastics in the first few years and will scale up to about 65 000 tonnes a year afterwards. This makes it the largest fully-industrial plant in Europe and will enable it to provide high-quality recycling of half of Europe's household waste polystyrene packaging. At the same time, the site will employ about 50 people.
The recycling process works as follows: during a thermochemical process, the longer carbon chains in the plastic are reduced or depolymerised. The substances released in the process have equivalent specifications to materials extracted from fossil streams. They can even serve for the food industry.
The recycling of plastic particles contributes to the transition to a circular economy. At the same time, the plant will save around 90 000 tonnes of CO2 annually. From 2027, this will even increase to 227 500 tonnes. Indaver can count on the Flemish government for financial support.