Combination of advanced recycling and purification technologies
enable more efficient processing and reuse of hard-to-recycle
plastic.
Technip Energies (PARIS:TE) and Anellotech, Inc.
(Anellotech) today announced they have signed a global joint
development agreement to work cooperatively to further develop and
then license Anellotech’s Plas-TCat™ process, a one-step
thermal-catalytic recycling technology that converts mixed plastic
wastes back into its constituent basic chemicals, with a specific
focus to benzene, toluene, and xylene (BTX) that can be used to
make most virgin plastics.
The companies will bring their combined process
technology expertise and know-how to complete comprehensive
performance trials at Anellotech’s 100 tonnes/year nameplate feed
rate demonstration plant in Silsbee, Texas. It will incorporate
Technip Energies’ downstream processing units, leading to a process
design for use by Technip Energies in its role as the global
Plas-TCat™ licensor.
The Plas-TCat™ process can feed all major
plastics with predictable end-product yields. This process can
reduce CO2 emission up to 50% compared to the production of virgin
monomers in naphtha crackers.
Bhaskar Patel, SVP Sustainable Fuels,
Chemicals and Circularity at Technip Energies said:
“Technip Energies is delighted to work with Anellotech to advance
the Plas-TCat™ process. Anellotech’s technology brings a new
pathway towards solving the plastic waste problem, converting the
mixed plastic wastes into useful end products. For us, this is
another opportunity to contribute to the circular economy,
including now in Japan.”
David Sudolsky, Founder, President and
CEO of Anellotech, stated “Anellotech looks forward to
engaging with Technip Energies, a global leader in petrochemical,
fluid catalytic cracking, refining and steam cracker technologies.
This collaboration will provide the scalable, cost-efficient,
attractive LCA solution needed to address plastic sustainability.
Together with our strategic funding partner R Plus Japan Ltd., we
will work towards accelerating the global licensing and
commercialization of the Plas-TCat™ process.”
About Technip Energies
Technip Energies is a leading Engineering &
Technology company for the energy transition, with leadership
positions in LNG, hydrogen and ethylene as well as growing market
positions in blue and green hydrogen, sustainable chemistry and CO2
management. The Company benefits from its robust project delivery
model supported by an extensive technology, products and services
offering.
Operating in 34 countries, our 15,000 people are
fully committed to bringing our clients’ innovative projects to
life, breaking boundaries to accelerate the energy transition for a
better tomorrow.
Technip Energies shares are listed on Euronext
Paris. In addition, Technip Energies has a Level 1 sponsored
American Depositary Receipts (“ADR”) program, with its ADRs trading
over the counter.For further information: www.ten.com
About Anellotech, Inc.
Anellotech (http://www.anellotech.com) supports
the sustainable economy by developing and commercializing
technologies for the innovative production of cost-competitive
renewable chemicals and fuels from non-food biomass or plastics
waste. Its fully developed Bio-TCat® technology is an efficient
thermal catalytic process for converting non-food biomass into
benzene, toluene and xylene, as well as distillate for biofuels.
Anellotech is now focused on Plas-TCat®, another fluid-bed
catalytic process technology that converts mixed plastic wastes in
one step into BTX, aromatics, olefins and paraffins, the basic
chemicals used to make plastic for packaging and other
products.
Contacts
Annette MorganHead of Marketing &
CommunicationsSustainable Fuels, Chemicals & Circularity,
Technology & InnovationTel: +1
281-249-2475 Email:
annette.morgan@ten.com
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