#Recycling / Circular Economy

2021-10-21

Plastic Energy announces final investment decision and start of construction works for advanced recycling plant in France

Plastic Energy has today announced the final investment decision and start of construction for its advanced recycling plant in northern France. The large-scale recycling plant will have a capacity of 25,000 tonnes of plastic waste per annum, with plans to scale-up to 33,000 tonnes in the near future, and will be adjacent to ExxonMobil’s Notre Dame de Gravenchon petrochemical complex.

FID for advanced recycling project near Le Havre, France, has been reached after announcement of initial collaboration agreement with ExxonMobil in March 2021

Civil works have begun on the large-scale 25,000 tonne/annum recycling plant for end-of-life plastics, with start-up anticipated for 2023

Plans were finalised after the project was awarded the necessary environmental permits to begin construction in July

The announcement of the FID and start of civil works comes after the granting of environmental permits for the project in July of 2021. These permits ensure that the Plastic Energy plant will abide by all European environmental regulations from construction to continuous operation.

Earlier this year, Plastic Energy signed an offtake collaboration agreement with ExxonMobil. As per the agreement, TACOIL (or recycled oils) from this Plastic Energy plant will be used by ExxonMobil to create virgin-quality certified circular polymers and other high-value products. Start-up of the advanced recycling plant is anticipated in 2023.

Plastic Energy is a global leader in advanced recycling, specialising in recycling end-of-life plastics that would otherwise be destined for landfill, incineration or end up in the environment. The company’s patented, innovative technology transforms plastic waste into raw materials that can be used as a substitute for fossil oils in the manufacturing of virgin- quality food-grade packaging.

“We are excited to announce that construction is going ahead for our large-scale advanced recycling plant in France, which will recycle mixed post-consumer plastic waste,” said Carlos Monreal, Founder and CEO of Plastic Energy. “Through our collaboration with ExxonMobil, we are working towards making plastics more sustainable for the future.”

“ExxonMobil is investing in projects around the world that help society address the challenge of plastic waste in the environment,” said Loic Vivier, senior vice president of Performance Derivatives, ExxonMobil Chemical Company. “With the addition of well- designed policies and collaboration across industries, the advanced recycling opportunities we are evaluating and executing have the potential for large-scale, game-changing improvements to the circularity of plastic products.”

The construction of this plant will benefit the circular economy in France by diverting plastic waste from linear treatments, and reducing both plastic waste in the environment, and the depletion of natural resources.

This project has received financial support from the French government as part of their Plan de Relance and Regional Planning Grant Scheme.

“Production is a product”

From technical textiles and AI-driven robotics to the limitations of textile circularity: Professor Dr Thomas Gries looks back on more than two decades of development at ITA Aachen. In the interview, he explains why production technology remains a decisive success factor, discusses international collaborations and innovation ecosystems, and shares his views on the transformation of production landscapes and the challenges facing an increasingly regulated industry.

“We need to move away from the price trap and return to a value-driven mindset.”

With its new Textile Innovation Center, KARL MAYER is sending a strong signal for innovation, collaboration, and the future of textile applications. In this interview, Karl Josef Mayer discusses new opportunities in warp knitting, the processing of staple fibres, recycling, the changing role of machinery manufacturers, and why the textile industry must once again focus more strongly on the value of textiles. by Oliver Schmidt

“Innovation, resilience and international experience remain the great strengths of the Swiss textile machinery industry”

Geopolitical uncertainty, growing competitive pressure from China, new free trade agreements and the shift towards a circular economy are currently reshaping the global textile industry. In this interview, Cornelia Buchwalder discusses the current mood within the Swiss textile machinery sector, the industry’s distinctive innovative strength, new market opportunities in India and Asia, and the technological trends that could shape the upcoming trade fair cycle leading up to ITMA 2027.

20 Start-Ups selected for CEMATEX Start-Up Grant at ITMA 2027

CEMATEX has selected 20 emerging start-ups from nine countries to receive the CEMATEX Start-Up Grant and showcase their innovations at Start-Up Valley during ITMA 2027 in Hanover. Their participation will be fully funded by CEMATEX, giving promising early-stage companies access to the world’s leading textile and garment technology platform.

Moving Advanced Recycling from Innovation to Implementation

The Advanced Recycling Conference 2026 explores technologies, markets, financing and scale-up of innovative recycling solutions for waste streams including mixed plastic waste, textiles and PVC. Europe’s chemical and materials sector faces growing pressure to close carbon loops, strengthen raw-material safety and resilience and meet increasingly ambitious EU recycling targets. Against this backdrop, the Advanced Recycling Conference (ARC) will bring together industry leaders, technology providers, researchers, innovators and policy-makers on 17–18 November 2026 in Cologne, Germany.

KARL MAYER invites the Global Textile Industry to celebrate its 90th anniversary at its German Headquarters in 2027

KARL MAYER is turning its anniversary year 2027 into a milestone for the textile sector. To mark its 90th anniversary, the industry leader is inviting customers, partners, and experts from around the world to a unique event series in September aimed at pushing boundaries, unlocking new opportunities, and jointly setting the course for a new era in textiles – just as KARL MAYER has done throughout its history. The company’s headquarters in Obertshausen, near Frankfurt, is the place to be.

ITMF names three winners of the Sustainability & Innovation Award 2026

Three projects from the UK, Korea and China have been selected as winners of the ITMF Sustainability & Innovation Award 2026. The projects address textile-to-textile recycling, chemical recycling for automotive textiles and a regenerative approach combining silk production with ecological restoration.

Durak Maxibalance thread supports users’ movement and balance comfort

Durak Tekstil, a leading brand in its industry, has developed Durak Maxibalance, a new product engineered with bio-ceramic and FAR IR technology. Ushering in a new era for sportswear, activewear, and medical textiles, this technology offers features designed to support balance and movement comfort by reflecting the energy absorbed from the body back into it.

Yarn Expo Autumn 2026 draws to a close, weaving sustainable innovation into global sourcing

Yarn Expo Autumn 2026 concluded with approximately 600 exhibitors from 14 countries and regions, connecting with nearly 22,000 visitors from 110 represented markets, bringing the textile industry’s evolving material agenda into sharper focus. Held alongside Intertextile Shanghai Apparel Fabrics – Autumn Edition, CHIC and PH Value, the fair connected upstream fibre and yarn innovation with fabric development, garment production and fashion-market demand.