Swiss company Trinseo and Dutch firm GMP Group have announced plans to build a polystyrene (PS) recycling facility.
With a capacity of 25,000 tonnes, it will be located in the Netherlands.
The plant will purify PS waste and deliver high-quality recycled PS pellets via a super clean recycling process.
It is expected to be up and running in 2024.
Trinseo senior vice president, plastics and feedstocks Nicolas Joly said: “The Trinseo–GMP collaboration is yet another important move toward helping our customers reach their sustainability goals and closing the loop for a circular economy, and both companies realise that the most successful way to do this is through synergy along the value chain.
“This collaboration shows our continuous efforts in sustainability marching toward our 2030 sustainability goals.”
GMP Group general director Gerard Putman added: “Together with Trinseo, we can now develop, build, and operate a state-of-the-art recycling plant in Europe. This will increase the reuse of a substantial volume of polystyrene in consumer food packaging. Furthermore, we can provide other sustainability solutions and improve circularity in various value chains.”