Technology company Loop Industries and environmental services company SUEZ have announced that they will build a recycling facility in Europe using Loop’s technology which can recycle plastic repeatedly without quality degradation.
The facility will be the first in Europe to use the Infinite Loop technology and the partnership will combine Loop’s technology with SUEZ’s resource management experience.
The Infinite Loop technology can repeatedly recycle PET and polyester fibre without degradation of quality. The patented technology can depolymerise waste PET and polyester fibre into its base monomers dimethyl terephthalate (DMT) and monoethylene glycol (MEG). Dyes and impurities are removed as the depolymerisation technology can isolate the DMT and MEG from other compounds. The monomers are filtered, purified and polymerised to create food-grade, virgin quality PET resin. The process can be used to recycle waste such as plastic bottles, packaging, textiles, and waste recovered from the ocean that has been degraded.
Daniel Solomita, CEO and Founder of Loop, said: “Europe is leading the charge against petroleum-based plastics: through tougher regulations and taxes, they are setting a global example on transitioning to a more circular economy. The Infinite Loop technology creates the infrastructure countries need to be able to eliminate plastic waste and increase recycling rates. Loop’s expansion is tailored to our customers’ needs allowing them to meet and exceed their ambitious targets for recycled content in their packaging, but also to have the ability to recycle their packaging infinitely, without having to compromise quality.”
The plastics recycling facility will have a production capacity of 63,000–84,000 t/y of PET and will save 180,000 t/y of CO2 compared to virgin PET production from petrochemicals. The site for the facility will be selected by mid-2021 and the facility is due to be commissioned in 2023.
By Amanda Doyle
France has launched an offshore green hydrogen production platform at the country’s Port of Saint-Nazaire this week, along with its first offshore wind farm. The hydrogen plant, which its operators say is the world’s first facility of its type, coincides with the launch of another “first of its kind” facility in Sweden dedicated to storing hydrogen in an underground lined rock cavern (LRC).
The project sets up the Hydrogen Valley in Rome, the first industrial-scale technological hub for the development of the national supply chain for the production, transport, storage and use of hydrogen for the decarbonization of industrial processes and for sustainable mobility.
At first glance, hydrogen seems to be the perfect solution to our energy needs. It doesn’t produce any carbon dioxide when used. It can store energy for long periods of time. It doesn’t leave behind hazardous waste materials, like nuclear does. And it doesn’t require large swathes of land to be flooded, like hydroelectricity. Seems too good to be true. So…what’s the catch?