Synpet will import a lot of Southern European plastic for its activities. For that reason, Antwerp and its port seem more suitable than Genk. In an initial phase from 2025, the company wants to process 180,000 tons of wet rejected plastic waste per year. By 2030, they aim for a processing capacity of 1,000,000 tons of plastic waste. The waste will be processed using “advanced technology” into circular naphtha, a basic raw material from which the industry makes plastic again.
“Our first factory will be in the port of Antwerp, in the heart of one of Europe’s largest chemical clusters. We are very proud to invest in the heart of Flanders, in one of the most renowned and well-equipped ports in Europe,” says Cem Ozsuer, CEO of Synpet Technologies, said in a press release. “We will make a sustainable contribution to the Flemish region by tackling the problem of plastic waste, reducing carbon emissions and creating sustainable jobs.”
#Large #factory #recycle #Southern #European #plastic #coming #Antwerp #Genk