One key challenge for companies in plastics recycling is finding customers for the transformed plastic waste and putting the material back into commercial use. That’s a challenge a commercial agreement between TotalEnergies and New Hope Energy for an advanced recycling plant in Texas aims to meet.
New Hope Energy will build an advanced recycling plant in Texas to transform end-of-life plastic waste into a recycled feedstock. France-based TotalEnergies will partly purchase and convert the feedstock into virgin-quality polymers, which the food industry can use for packaging.
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