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Environment
Sealed Air invests in plastics recycling firm Plastic Energy
by Alexander H. Tullo
August 21, 2020
| A version of this story appeared in
Volume 98, Issue 32
Bubble Wrap maker Sealed Air has invested an undisclosed amount in Plastic Energy, a London-based firm with pyrolysis technology for converting postconsumer plastics into a synthetic oil that can be processed into plastics again. Plastic Energy runs two facilities in Spain and has plans to build 50 more over the next decade. It has agreements to build plants with Sabic next year and Ineos by 2023. Sealed Air has a goal of incorporating 30% recycled content into its products by 2025.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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