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HomeInvestmentsSource One Plastics formed to build recycling plant
LyondellBasell's Matthijs Beijk (left) and Kai Hoyer from 23 Oaks Investment sign the agreement to form Source One Plastics

Source One Plastics formed to build recycling plant

LyondellBasell and 23 Oaks Investments have signed an agreement to create Source One Plastics, a joint venture that will build an energy-efficient, advanced plastics waste sorting and recycling facility in Germany. Using renewable energy from wind and biomass, the new unit is designed to process the amount of plastics packaging waste generated by approximately 1.3…

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