The Netherlands – Itero chooses EPC-contractor Fluor for the engineering of its recycling plant. The plant should be running at the Brightlands Chemelot Campus by 2024. It involves a total investment of 25 million euros.
The plant uses Itero’s patented modular technology. The plant will annually convert 27,000 tons of plastic waste into valuable oils, waxes and gas. These can be used as raw materials for the production of new plastic and petrochemical products. The contract will be executed by Fluor’s office in Amsterdam. Fluor is working with Itero and Brightlands on the site-specific design of the plant.
The plant, once operational, will create 30 local jobs.
According to Simon Hansford, CEO of Itero, this announcement is a stepping stone to Itero’s first full-scale plant. Itero’s ambition is to build a larger, commercial, multi-module plant in the region over the next few years. The company’s patented advanced recycling technology enables continuous recycling of waste plastic, providing a truly circular solution to the global waste plastic problem.