PureCycle Technologies and Port of Antwerp-Bruges announced that PureCycle will build its first polypropylene (PP) recycling facility in Europe in the Belgian port's NextGen district.
Specifically, the new plant is going to have an annual capacity of 59,000 metric tons with opportunities to expand operations in the future since the 140,000 m² plot can support up to four processing lines with a total capacity of 240,000 metric tons per year.
Also, the construction of the plant will begin upon completion of the permitting process, currently anticipated in 2024.
NextGen district is located at the Port of Antwerp-Bruges. PureCycle was recently awarded a concessionaire contract during NextGen’s competitive bid selection process.
Port of Antwerp-Bruges CEO, Jacques Vandermeiren, commented, "The Port of Antwerp-Bruges’ NextGen District is committed to creating an innovation hotspot where companies dedicated to building a circular economy and developing sustainable solutions to some of the world’s toughest climate and environmental challenges can thrive. We’re thrilled to be partnering with PureCycle on this strategic project to help bring that vision to life."
Moreover, PureCycle is already in active negotiations with potential feedstock and offtake partners and expects to commence commercial operations at its new European facility when the construction of the first processing line is completed.
