LyondellBasell and SUEZ completed a transaction making each company a 50/50 partner in Quality Circular Polymers (QCP), a premium plastics recycling company in Sittard-Geleen, The Netherlands. SUEZ will use its technology solutions to improve the identification, separation, and preparation of materials to be used as feedstock at QCP. LyondellBasell will apply its plastic production technology, experience in product development, and knowledge of important end markets such as consumer goods.
The QCP plant will transform used plastic material into virgin-replacement quality PE and PP materials. The plant is capable of converting consumer waste into 25,000 tons of polypropylene (PP) and high-density polyethylene (HDPE) with an objective of 35,000 tons later in 2018 and 100,000 tons by 2020. The production capacity of the plant will address a growing need for improving the sustainability profile of high-quality plastics in Europe. LyondellBasell will add QCP’s recycled products to its range of existing PE and PP materials.