A $20 million New Jersey plastics recycling facility is in development, and project leaders say it will process roughly 100 million pounds of scrap plastics per year for sale into a variety of end markets.
LyondellBasell, one of biggest plastic and chemical companies on the planet, has stepped into the plastics recycling sector for the first time. A high-level executive recently explained what drove the decision.
When a vehicle enters the end-of-life stream, its metals will probably be recovered. But the plastics are likely headed to landfill, despite the fact that many of them are high-value, high-performance polymers.
Agilyx is already processing scrap PS into a feedstock for prime plastics production. Now, the Oregon company says it can do the same thing for recovered PE and PP.
Five plastics recycling projects will take in a total of $11.7 million in California state grants. The awarded companies are targeting scrap plastic from a variety of sources.