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The two companies have signed a commercial agreement. Terms include New Hope Energy building an advanced recycling plant in Texas and TotalEnergies converting part of the recycled feedstock into virgin-quality resin.

May 18, 2022

1 Min Read
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Image courtesy of Alamy/Panther Media GmbH

TotalEnergies announced today that it has signed a commercial agreement with New Hope Energy by which New Hope Energy will build an advanced recycling plant in Texas and TotalEnergies will purchase part of the recycled feedstock and convert it into virgin-quality polymers. The material made from end-of-life plastic waste can be used to manufacture food-grade packaging.

The plant is expected to start production in 2025. New Hope Energy will use a patented pyrolysis technology that was developed in partnership with Lummus Technology to process and convert more than 310,000 tons per year of mixed plastic waste that would otherwise be destined for landfill or incineration. TotalEnergies said it will use 100,000 tons of the Recycled Polymer Feedstock (RPF) in its Texas-based production units to manufacture high-quality polymers suitable for food-grade applications, such as flexible and rigid food packaging.

New Hope Energy said its first plant has been successfully operating in Tyler, TX, since 2018. An expansion currently underway will make it the largest pyrolysis facility in the world, according to the chemical recycling company.

“We are pleased to partner with New Hope Energy, which offers a promising technology and the ability to scale. This new project is another concrete and significant step TotalEnergies is taking to address the challenge of plastic recycling and meet our goal of producing 30% circular polymers by 2030,” said Valérie Goff, Senior Vice President, Polymers, at TotalEnergies. 

A global company that produces and markets energy from multiple sources, TotalEnergies is active in more than 130 countries. Its headquarters is in Courbevoie, France, near Paris.

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