Recycling Technologies Ltd (‘Recycling Technologies’), a specialist plastic recycling technology provider and Brightlands Chemelot Campus, an innovation, research and technological growth hub announce today they have signed the first agreement towards the installation of Recycling Technologies’ first European plastic chemical recycling machine, the RT7000, within the Campus in the Netherlands.
Recycling Technologies has developed a technology that can recycle plastic waste into a valuable feedstock for new plastic production. The RT7000 is a scalable patented technology that recycles low-grade plastic waste into a feedstock, trademarked as Plaxx®, for new plastic production. It enables the creation of value from plastic waste, which is today difficult to recycle through current mechanical recycling methods and is therefore disposed of through landfilling, incineration or exported.
Brightlands Chemelot Campus is located close to the main petrochemical hub in Europe from Antwerp and Rotterdam to the Rhine and Meuse accounting for 40% of Europe’s chemical industry employing over 320,00 people. The campus together with Chemelot industrial park forms one of the largest research and industrial sites in Europe. The Campus has recently launched its “sustainability and circular hub” plan to play a leading role in implementing innovative solutions to solve ecological problems. This initiative is based on shared research and commercial programmes for the development of new, sustainable and recyclable materials which can be applied on a large scale to maintain the region’s leadership position in petrochemicals. These companies and research organisations are already making valuable contributions in Europe.