Total Energy recently announced that it has signed a commercial agreement with New Hope Energy, under which New Hope Energy will build an advanced recycling plant in Texas, where Total Energy will purchase some of the recycled raw materials and convert them into polymers of virgin quality. This material made from discarded plastic waste can be used to make food-grade packaging.
The plant is expected to be put into operation in 2025. New Hope Energy will use a patented pyrolysis technology developed in cooperation with Lummus Technology to process and convert more than 310,000 tons of mixed plastic waste that would otherwise be incinerated or landfilled each year. Total said it will use 100,000 tons of recycled polymer feedstock (RPF) at its production unit in Texas to produce high-quality polymers suitable for food-grade applications, such as soft and rigid food packaging.
New Hope Energy says its first plant in Tyler, Texas, has been operating successfully since 2018. The expansion currently underway will make it the world's largest pyrolysis facility, according to the chemical recycling company.
Total Energy is a global company that produces and markets a wide range of energy sources, with operations in more than 130 countries. "We are pleased to partner with New Hope Energy, which offers a promising technology and the capacity to scale. This new project is another concrete and important step Total Energy is taking to address the challenges of plastic recycling and achieve its goal of producing 30% circular polymers by 2030," said Valérie Goff, Senior Vice President of Polymers at Total Energy.