Worley wins EPCM contract for SABIC, Plastic Energy’s recycling unit
The Netherlands-based project and asset services provider Worley has been awarded an engineering, procurement, and construction management (EPCM) contract by Saudi Arabia’s SABIC Plastic Energy Advanced Recycling BV (SPEAR) to build a new advanced plastics recycling unit in Geleen.
SPEAR was formed as a joint venture between SABIC and London-headquartered Plastic Energy.
Once built, the advanced plastics recycling unit will leverage Plastic Energy’s patented recycling technology to transform mixed and used plastic waste into recycled oils called TACOIL, as opposed to its traditional final point, which is incineration or landfill.
The TACOIL will then be used by SABIC as an alternative feedstock to manufacture certified circular polymers as part of its TRUCIRCLETM portfolio of solutions.
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