#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.

Performance Apparels: Functional textiles drive innovation at Techtextil 2026

From high-performance fibres and advanced membranes to smart textiles and sustainable material concepts – functional apparel is becoming one of the most dynamic innovation fields in technical textiles. At Techtextil 2026, exhibitors demonstrate how new materials, finishing technologies and digital functions are shaping the next generation of protective, workwear and outdoor systems.

Texprocess 2026: Automation, digitalisation and AI reshape textile processing

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Textile Chemicals & Dyes: Innovation in Textile Chemistry moves into focus at Techtextil 2026

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textile.4U publishes special edition “Top 100 Textile Recycling Companies 2025”

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Reju secures €135 Million in Dutch NIKI Funding for industrial-scale textile-to-textile regeneration hub at Chemelot Industrial Park, the Netherlands

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eeden is now a Canopy partner

eeden is committed to enable circular textiles by developing recycling technologies that turn textile waste into valuable raw materials. But the commitment goes further – eeden advocates for supply chain solutions that uphold responsible environmental and ethical standards, protecting global ecosystems including Ancient and Endangered Forests.

Carbios confirms Longlaville plant in France following financing progress

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PERFORMANCE DAYS proves its relevance as the industry’s key meeting point

Held on March 18–19, 2026, PERFORMANCE DAYS once again confirmed its position as a leading international platform for functional textiles. A total of 3.366 trade visitors and around 560 exhibitors gathered in Munich, with the event already kicking off successfully on DAY 0, which received highly positive feedback for its interactive format. Despite challenging conditions caused by the public transport strike in Munich, the event saw strong attendance and a consistently high level of activity across both exhibition days.

JEC World 2026 confirms its standing as the unmissable event for composites and their applications

JEC World 2026 confirms its position as the leading global event for the composite materials industry and its applications across multiple sectors, bringing together the entire composites ecosystem in Paris for three days of business, innovation, and collaboration. True to its Pushing the Limits motto, the 2026 edition delivered outstanding results despite travel disruptions worldwide. The numbers speak for themselves: more than 1,400 exhibitors from over 50 countries, including over 150 first-timers, presented a global panorama of products, equipment, and services across the entire composites value chain.