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TotalEnergies, Indaver Sign Agreement for Petrochemical Feedstock from Advanced Recycling

Indaver will turn post-consumer mixed plastic waste into a petrochemical feedstock using proprietary depolymerization technology.

October 13, 2022

1 Min Read
Image courtesy of Pavel Muravev/Alamy Stock Photo

Global multi-energy company TotalEnergies and Indaver, a leader in sustainable waste management and advanced recycling in Europe, have signed a commercial agreement for the supply of petrochemical feedstock generated from recycling of mixed polyolefins waste.

Under this agreement, TotalEnergies will purchase the petrochemical feedstock produced at Indaver’s first Plastics2Chemicals plant (P2C). Indaver will supply and transform post-consumer mixed plastic waste into a petrochemical feedstock at its plant in Antwerp using its proprietary depolymerization technology. Currently under construction, the plant is expected to become operational by 2024.

TotalEnergies will process this petrochemical feedstock into high-quality circular polymers at its plants in Antwerp. With properties and quality identical to virgin polymers, the recycled polymers will be suitable for a wide range of high demanding applications including food-grade packaging.

“We are delighted to support the development of advanced plastic recycling through this new offtake agreement,” says Valérie Goff, senior VP renewable fuels & chemicals. “A collaboration throughout the value chain is critical to develop a more circular and sustainable economy. This partnership contributes to our ambition of producing 30% circular polymers by 2030.”

“We are very pleased with this agreement. Our companies share the same vision of a true circular economy for recycled end-of-life plastics,” notes Paul De Bruycker, CEO of the Indaver Group. “Indaver’s Plastics-to-Chemicals (P2C) depolymerisation technology allows recycling end-of-life plastics such as polyolefins and polystyrene by converting them into a petrochemical feedstock that can be used for the production of high-demand packaging materials. With P2C, we significantly expand the possibilities for recycling of end-of-life plastics waste that could previously not be recycled or only be used for conversion into low-value applications.”

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