An investment of €30 million (£26.2 million) will be made by INEOS O&P to upgrade its Belgian HDPE plant.
The site at Lillo will be converted to produce either monomodal or bi-modal grades of HDPE to allow INEOS to produce products such as cable ducts and pipes used to transport green energy sources such as renewable power and hydrogen.
As a result of the upgrade, the Lillo site will increase production of the highly engineered polymers INEOS combines with recycled plastic waste to form its Recycl-IN range. It will also enable INEOS to work with customers to develop new grades of Recycl-IN products.
INEOS O&P Europe North chief executive Rob Ingram said: “This investment will enable our business to support the growing use of products that play a key role in the transition to net zero, as well as other uses essential to homes and businesses.
“The Lillo investment also shows our commitment to helping to create a thriving circular economy. Our Recycl-IN polymer range gives our customers the quality and confidence they need to help them to increase the use of recycled materials.”
