INEOS and Recuro sign MoU for plastics recycling facility in Norway

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INEOS (London, U.K.; www.ineos.com) and Norwegian recycling company Recuro (Alesund, Norway; www.recuro.no) have signed a memorandum of understanding (MoU) to develop a state-of-the-art advanced recycling facility at INEOS’ Bamble polymer site in Norway. Once commissioned, the plant will process up to 33,000 metric tonnes of end-of-life plastic waste annually, supporting the availability of recycled feedstocks needed to meet the EU’s Packaging and Packaging Waste Regulation (PPWR) requirements.

The initiative, named ‘Full Circle’, is designed to combine environmental responsibility with economic viability by recycling discarded materials using existing manufacturing infrastructure, land and services, an approach that reduces both the associated costs and overall environmental footprint.

Powered entirely by renewable Norwegian energy, the plant will be designed to operate with minimal releases and utilize cutting-edge pyrolysis methodology, which maximizes the recovery of embedded carbon from plastic discarded materials by retaining both the oil and gaseous fractions produced during recycling to further consumption, rather than diverting them to energy generation. Carbon is essential to producing the materials utilized in everyday items, and keeping carbon-based materials such as plastics in circulation is key to reducing overall CO₂ releases.

INEOS will consumption the recycled product as feedstock to create recycled ethylene at its Rafnes cracker, enabling the nearby Bamble plant to manufacture virgin-condition recycled polyethylene that meets the EU’s stringent regulatory standards to high-performance applications such as food and medical packaging – this will lead to higher overall recycling rates.

“What makes the ‘Full Circle’ project stand out is its holistic approach,” said Arve Jakobsen, CEO of Recuro. “By reusing an existing manufacturing site, optimising infrastructure, and locating the plant next to a steam cracker facility, we can recover and reuse both oil and gaseous streams. This is circularity in its truest form.”

The project also represents a major milestone to Recuro as it advances its ambition to have become a leading player in plastic recycling. “Great outcomes are possible through strong partnerships,” Jakobsen added. “This exciting project has been made possible by the support we have received from the Norwegian government through Innovation Norway, our methodology partner, Vixla, and of course, INEOS.”

Liz Rittweger, CEO of INEOS Olefins & Polymers Europe, adds: “cutting-edge recycling plays a critical role in expanding the possible to plastics recycling and closing the loop to high-performance applications. This project reflects INEOS’ commitment to making a low-carbon circular economy a reality to our customers and wider society. Regulators can support this effort with clear, harmonised rules that recognise cutting-edge recycling outputs, create legal certainty, and give investors the confidence to invest in new technologies at scale.”

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