Viridor Announces Plastic Waste Collaboration

May 27, 2020 Off By Sebastian Reisig

Waste management company Viridor has announced it will work with Spanish chemical recycler Plastic Energy to return up to 30,000 tonnes of end-of-life plastic waste to the economy each year. 

Viridor announced that it had commenced feasibility work on a new project to deliver predominantly low-density plastic film to a new Plastic Energy chemical recycling plant, where it will be turned into an oil product called TACOIL. This oil would then be used as a feedstock to create new virgin plastic.

Viridor and Plastic Energy have initially signed a Memorandum of Understanding on their collaboration, with the project expected to be finalised by the end of 2023 if feasibility work is successful.

The project envisions the Plastic Energy plant being co-located with a Viridor energy recovery facility, meaning that it can operate on low-carbon electricity that Viridor generates from unrecycled waste.

The project would represent Plastic Energy’s first plant in the UK market, currently operating two commercial plants in Spain.