The Netherlands – The SABIC recycling facility for plastics is currently finishing up construction in Geleen. The business anticipates producing the first circular polymers this year.
The CEO of the company also disclosed at the annual World Economic Forum in Davos that the company intends to invest in a new advanced recycling plant of global scope. This facility is currently nearing completion.
Circular plastics creation
By leveraging its TruCircle technology, Sabic hopes to generate 1 million kilotons of circular plastic yearly by 2030. The business also declared in Davos in 2019 that it planned to invest in the creation of circular plastics. It was the world’s first modestly sized commercial installation at the time.
A facility at Sabic that can process 200 kilotons of circular materials yearly is one among the initiatives that is being proposed. It is also looking at the prospect of establishing a modest advanced recycling facility in Saudi Arabia.