Breaking Ground: LYB Paves the Way for Revolutionary Recycling Plant in Wesseling, Germany
Catalytic pyrolysis unit in heart of Europe to bolster sustainable growth, value creation
Chancellor Scholz, top elected officials attend milestone event; celebrate company commitment to Cologne region. Proprietary LYB MoReTec technology enables scalable solution to recapture valuable raw materials from hard-to-recycle plastics often destined to landfill, incineration. Unit’s design and process technology enable high plastic-to-plastic yield; allow for operation under 100% renewable power, helping reduce GHG emissions.
WESSELING, Germany, Sept. 19, 2024 (GLOBE NEWSWIRE) — LyondellBasell (NYSE: LYB) today advanced its journey toward sustainable growth and value creation by laying the foundation of its first, catalytic advanced recycling plant at its Wesseling, Germany site.
How this will affect me:
This revolutionary recycling plant in Wesseling, Germany, will have a positive impact on individuals like you and me. By using advanced technology to recapture valuable raw materials from hard-to-recycle plastics, this plant will help reduce waste and lower greenhouse gas emissions. This means a cleaner environment for us to live in and a more sustainable future for generations to come. Additionally, the operation of this plant under 100% renewable power will contribute to a greener energy landscape, potentially leading to lower energy costs for consumers.
How this will affect the world:
The establishment of this groundbreaking recycling plant in Wesseling, Germany, marks a significant step towards a more sustainable and circular economy on a global scale. By demonstrating the feasibility and scalability of advanced recycling technologies, LyondellBasell is setting a precedent for other companies and industries to follow suit. This shift towards recycling valuable raw materials from plastics that would otherwise end up in landfills or incinerators will help address the growing issue of plastic pollution worldwide and reduce the reliance on finite natural resources. The high plastic-to-plastic yield achieved by this plant also sets a standard for maximizing resource efficiency and minimizing waste in the production process.
Conclusion:
The groundbreaking of LyondellBasell’s revolutionary recycling plant in Wesseling, Germany, signifies a major milestone in the journey towards a more sustainable and environmentally conscious future. By utilizing proprietary technology to recapture valuable raw materials from hard-to-recycle plastics, the plant not only contributes to reducing waste and lowering greenhouse gas emissions but also sets a precedent for sustainable practices in the industry. As this plant begins operations under 100% renewable power, its impact will be felt both locally and globally, paving the way for a more circular economy and a cleaner environment for all.
