French energy company Total signed an agreement with PureCycle Technologies to develop a strategic partnership for plastic recycling.
In a statement on Tuesday, the energy company said as part of the agreement, it “undertakes to purchase part of the output of PureCycle Technologies’ future facility in the United States and to assess the interest of developing a new plant together in Europe.”
“PureCycle Technologies uses an innovative, patented technology to separate color, odor and any other contaminants from plastic waste feedstock to transform it into virgin-like recycled polypropylene,” the statement read.
PureCycle is planning to produce 48,000 tons of recycled polypropylene in its first plant in the US state of Ohio, which will soon be constructed.
The French company’s partnership with PureCycle Technologies will strengthen the Group’s position in chemical recycling and will contribute to Total’s ambition of producing 30% recycled polymers by 2030, according to Valerie Goff, senior vice president of Total.
“The introduction of recycled polypropylene that can be used interchangeably with virgin resin will have an enormously beneficial impact on the global plastics circular economy,” said Mike Otworth, CEO of PureCycle Technologies.
By Sibel Morrow