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Loop and SUEZ to build facility producing infinitely recyclable plastics
Source:Adsale Plastics Network    Editor:JK    Date:29.Sep.2020

Loop Industries, a leading innovator in sustainable plastics technology, and SUEZ, a world leader in environmental services, have planned to build the first Infinite Loop recycling facility in Europe which will bring an end-of-life solution to the waste plastic inputs currently not recycled.

 

Based on enhanced recycling, the partnership will combine the resource management expertise of SUEZ and Loop’s unique breakthrough technology for the production of virgin quality, food grade, 100% recycled and infinitely recyclable plastic. Located in Europe, the new facility will offer a sustainable and truly needed solution to global consumer goods companies.

 

Loop’s patented and proprietary low-energy technology enables waste plastic to be recycled an infinite number of times, with no degradation in quality. Combined with the expertise of SUEZ, the Infinite Loop facility will respond to huge growth in demand in Europe from global beverage and consumer goods brand companies, committed to aggressive targets for a high level of recycled content in their products.


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Future Infinite Loop facility mock-up.


This new enhanced recycling facility dedicated to PET plastic will be the largest in the world, with the potential to produce the equivalent of approximately 4.2 billion food grade beverage bottles made of 100% recycled and infinitely recyclable PET plastic annually.

 

By leveraging Loop’s innovating technology, this facility will be able to claim savings of 180,000 tons of CO2 annually, compared with virgin PET production from a traditional petrochemical process. These savings are equivalent to approximately 418,000 barrels of oil.

 

“We are thrilled to be part of this innovative project with Loop Industries as it will expand our offer and our solutions improving the economic and environmental performance of our industrial customers, but also contributing to a sustainable resource management,” commented Jean-Marc Boursier, SUEZ Group COO.

 

“Expansion of our technology across Europe has always been of high strategic importance for Loop and our customers. We are beyond excited to be working with the excellent team at SUEZ, who bring a complementary skill-set to Loop’s team with their deep knowledge in resource management,” said Loop Founder and CEO Daniel Solomita.

 

The facility will directly increase recycling rates in the country where it will be built. Final site selection and engineering are targeted to be completed by mid-2021 and commissioning of the facility is currently projected in 2023.

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