Maire Tecnimont S.p.A. announces that its subsidiary NextChem has been awarded a Front-End Engineering Design (FEED) contract by a market leader in plastics and chemicals for an advanced mechanical recycling plant of municipal plastic waste in Europe.
The aim of the project is to establish an advanced mechanical recycling plant for polyolefins, which shall manufacture products containing up to 100% post-consumer recycled materials (PCR). The waste processing capacity of the plant will be up to 75,000 tons per year. NextChem will be responsible for the Front-End Engineering Design, also assisting the client in the development of the execution phase. Completion of the FEED is expected by mid-2023. Once completed, the plant will be one of the largest advanced mechanical recycling facilities worldwide.
Alessandro Bernini, Chief Executive Officer of Maire Tecnimont Group and NextChem, commented “Enabling leading producers to include in their product portfolio partially or completely recycled polymers is one of the most effective ways to give plastics a sustainable life cycle, reducing both consumption of fossil sources and the carbon footprint. This new recycling plant will also integrate NextChem’s know-how and technology solutions, in order to convert waste sources into new second-life products. We are proud to enable this solution thanks to our technological know-how”.
Source: Maire Tecnimont S.p.A.