Paris-based Technip Energies and Encina Development Group, Woodlands, Texas, will produce circular chemicals from plastic waste in North America.
Encina utilizes a proprietary process to convert post-consumer scrap plastic to valuable circular chemical products. The process, called Plastic Fluid Catalytic Cracking (PFCC), converts mixed hard-to-recycle plastics into petrochemical feedstock such as light olefins and BTX aromatics. These circular feedstock chemicals can be seamlessly dropped into the fabrication process of new consumer products, reducing the need for virgin materials, and significantly reducing waste plastics.
“We are very pleased to be working with Encina on this first-ever commercial PFCC,” says Bhaskar Patel, senior vice president sustainable fuels, chemicals and circularity at Technip Energies, an energy transition company with leadership positions in liquefied natural gas, hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. “As the industry explores ways to reduce its environmental footprint, this project brings an important circular economy solution to petrochemicals, recycling plastic wastes to create feedstock."