The first European Loop Industries Infinite Loop PET chemical recycling facility will be built in France it has been announced.
Canada’s Loop Industries will partner with French waste management company SUEZ and Korean firm SK Geo Centric to construct the plant.
Supported by France’s Ministries of Industry and Ecology, it will be situated in Saint-Avold in the Grand Est region of the country.
It will leverage the experience of SK Geo Centric in petrochemical processes, SUEZ in waste management, and Loop’s depolymerisation technology.
The plant will have a capacity of 70,000 tonnes per year and will produce 100% recycled PET resin.
It is hoped that following local consultation, construction will begin in 2025 for opening in 2027.
French Industry Minister Roland Lescure said: “I welcome the decision of SUEZ, Loop and SK Geo Centric to choose France and the Saint-Avold chemical platform to set up their first European chemical plastics recycling unit.
“This pioneering process will close the plastic cycle by recycling packaging indefinitely with no loss of quality and low CO2 emissions thanks to France’s highly decarbonised electricity mix.
“This project shows how the industry can provide solutions for the ecological transition, as it contributes to the development of a circular economy that saves natural resources and secures France’s supply of plastics. The establishment of this plant in France shows how the government’s climate ambition can be a lever for green reindustrialisation.”