New Sorting Line Required To Produce Feedstock For
Advanced Plastic Recycling
STAMFORD, Conn. and
LONDON and GHENT, Belgium, July 17,
2024 /PRNewswire/ -- Renewi and Freepoint
Eco-Systems International Ltd. (Freepoint Eco-Systems) announce
their intention to enter into a long-term and strategic cooperation
to produce feedstock for the advanced recycling of waste plastics.
This collaboration aims to divert end-of-life plastics from
incineration by developing the sorting and treatment
infrastructure. The goal is to supply 80,000 tonnes of feedstock
for Freepoint Eco-Systems' first European advanced recycling
facility to be located at the Kluizendok site in Ghent,
Belgium. By joining forces, these
two industry leaders in waste management and recycling are
addressing both the growing demand for sustainable solutions for
end-of-life plastics and the use of pyrolysis oil to create
recycled products.
A pioneering collaboration between the chemical and waste
industries
Earlier this year, Freepoint announced the development of its
flagship advanced plastics recycling facility in Ghent. In the
coming months, Renewi and Freepoint Eco-Systems will work together
to establish the pre-processing infrastructure, which will allow
for the supply of 80,000 tonnes of feedstock for that plant.
Pyrolysis in advanced recycling is a thermal decomposition process
in which existing plastic materials are heated without oxygen to
break them down into smaller molecules for use as raw material.
Freepoint Eco-Systems' advanced recycling facility will make it
possible to recycle complex, mixed plastics that are difficult to
process in any other way, making this facility a perfect complement
to mechanical recycling.
The collaboration between Renewi and Freepoint Eco-Systems
represents a significant step in the waste treatment chain and a
major development in Europe's
circular economy. This partnership will bridge the current gap
between waste and products and aligns with the ecological
commitments (Green Deal) and emerging obligations for recycled
content in new products.
By diverting end-of-life plastics that would otherwise be
incinerated, this advanced recycling project is expected to enable
a significant reduction in CO2 emissions, as well as a
reduced need for fossil resources to produce new products. It will
bring value to the local and global circular economies, from
upstream waste material extraction to downstream end products.
A new sorting line to come
Freepoint Eco-Systems and Renewi are exploring the development
and co-investment of a new sorting facility that will be essential
for producing the 80,000 tonnes of feedstock needed for the
advanced recycling plant. Renewi will leverage its accumulated
expertise with its state-of-the-art residual waste sorting line,
which has been operational for over a year and has already
demonstrated the ability to produce high-quality feedstock for
advanced recycling.
This new sorting line will utilize various innovative sorting
techniques, including the utilization of residual heat from the
advanced recycling plant. This process will transform different
end-of-life plastic sources into a consistent and high-quality
feedstock, reintegrating them into the circular economy.
"We are very pleased to embark on this first step with
Freepoint Eco-Systems in the development of their first advanced
plastic recycling facility. This collaboration fits perfectly with
our strategy as a waste-to-product company and represents a
significant milestone in our commitment to a circular economy and
sustainable solutions. By combining our expertise in the waste and
chemical sectors, we aim to address the growing need for innovative
processes in the treatment of end-of-life plastics," stated
Mark Thys, Chief Operating Officer
of Commercial Waste for Renewi.
"This project is a clear example that only through
cross-industrial collaboration can the plastic waste crisis be
tackled," said Jacco de Haas,
Freepoint Eco-Systems' Chief Commercial Officer, Recycling
Europe. "The waste streams which now end up in incineration,
combined with the expertise of Renewi and the new sorting line,
will increase the total plastic recycling rates and will be fully
complementary to mechanical recycling."
**About Renewi**
Renewi's vision is to be the leading waste-to-product company in
the world's most advanced circular economies. With a recycling rate
of 63.2%, one of the highest in Europe, Renewi puts 6.6 million tonnes of
low-carbon circular materials back into use each year. This
contributes to mitigating climate change and promotes the circular
economy. Our recycling efforts help to protect natural resources
and prevent more than 2.5 million tonnes of CO2 emissions
annually.
Renewi leverages innovation and the latest technology to turn
waste into circular materials such as paper, metals, plastics,
glass, wood, building materials, compost, and water. We employ over
6,000 people across 154 operational sites in five countries in
Europe. Renewi is recognized as a
leading waste-to-product company in the Benelux region and a
European leader in advanced recycling.
**About Freepoint Eco-Systems**
Freepoint Eco-Systems International Ltd., an affiliate of
Freepoint Commodities LLC, provides eco-friendly products and
solutions to its customers. Freepoint Eco-Systems and its related
companies are engaged in business operations in the U.S.,
Europe, and Asia. More information can be found at
www.FreepointEcoSystems.com
**Media contacts**
Renewi
Thibault Bricteux
Press and Communication
E: thibault.bricteux@renewi.com
Freepoint Eco-Systems
Paige Thornton
RF | Binder
+1 212 994 7554
paige.thornton@rfbinder.com
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SOURCE Freepoint Eco-Systems LLC