The Dutch recycling technology company Synova, the Saudi-Arabian plastic manufacturer Sabic and the French engineering group Technip Energies are joining forces to work on the chemical recycling of plastic waste. Under the terms of an agreement announced at the end of November, the firms will team up to develop and build a commercial-scale plant to produce olefins and aromatics from plastic waste. The parties announced that Sabic’s subsidiary, Sabic Ventures, had also become an investor in Synova as part of the partnership....
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