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Chemical Recycling Faces Long Road to Cost Parity with Virgin Plastics - Packaging MEA

Summary by Packaging MEA - Packaging MEA - Unpacking the World of Packaging
Chemical recycling of polyolefins must hit 650 million metric tons in cumulative global volume to match the cost of producing virgin plastics, according to a new Bain & Company report. The findings have direct implications for the packaging sector across the Middle East and Africa (MEA), where rising plastic use and mounting

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With processing capacity of 6 thousand tons of plastic per year otherwise non-recyclable, it will serve to build the industrial one of Priolo from 40 thousand

·Milan, Italy
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Versalis, Eni’s chemical company, today presented the demo plant of Hoop, the new proprietary technology for the chemical recycling of mixed plastic waste, at its Mantua plant. Thanks to this technology, complementary to mechanical recycling, mixed plastic waste can be transformed into raw material with which to create new plastic products suitable for any application, including those for contact with food and for pharmaceutical packaging. Hoop …

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agenzianova.com broke the news in on Thursday, June 19, 2025.
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