TotalEnergies to Build Advanced Recycling Plant in Texas
October 26 2021 - 3:51AM
Dow Jones News
By Giulia Petroni
TotalEnergies SE said Tuesday that it has partnered with Plastic
Energy Ltd. and Freepoint Eco-Systems LLC to build an advanced
recycling plant in Texas, U.S.
The French oil-and-gas major said the plant will transform
end-of-life plastic waste into a recycled feedstock that will be
converted into virgin quality polymers for food-grade
packaging.
The facility, which will process and convert 33,000 tons of
plastic waste a year, is expected to become operational by
mid-2024.
Financial details of the partnership weren't disclosed.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
October 26, 2021 03:36 ET (07:36 GMT)
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