Technip Energies and APChemi Announce Cooperation Agreement for Advanced Plastic Waste-to-Olefins Technology
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Technip Energies and APChemi announce they have entered into a cooperation agreement to commercialize APChemi's advanced plastic waste to high quality pyrolysis oil technology, in conjunction with Technip Energies' pyrolysis oil upgradation and steam cracking technology.
APChemi's patented “Pyromax™” pyrolysis technology for recycling plastic waste closes the gap in the plastic supply chain by taking dirty and mixed plastic waste, including municipal solid waste segregated plastics and multilayer packaging, and breaking it down to produce high quality pyrolysis oil which can be chemically recycled into circular plastics. The process has a lower carbon footprint, as it displaces the need for crude-oil-based feedstocks for plastics manufacturing, while reducing the need for intensive plastic waste sorting.
Technip Energies is closing the circular loop from pyrolysis oil to polyolefins building blocks by bringing its ethylene furnace and steam cracker design expertise, along with the preparation and purification technologies. The Pure.rOil by T.EN™ purification technology ensures safe, reliable and optimized integration with crackers.
Bhaskar Patel, SVP of Sustainable Fuels, Chemicals and Circularity of Technip Energies, commented: “This strategic partnership with APChemi will provide Technip Energies’ clients with an additional option in our growing plastic waste-to-olefins solution portfolio setup around our Pure.rOil™ technology. It will help to solve the puzzle of circular economy by offering a waste-to-olefins solution, reducing carbon dioxide emissions and end-of-life plastic pollution. The approach is a way to achieve recycled content targets, while continuing the use of current packaging materials.”
Suhas Dixit, CEO of APChemi said: “We offer our full support to Technip Energies for extending this plastic waste to polyolefins solution. Our robust Pyromax™ technology would be an integral part of Technip Energies’ efforts to eliminate plastic pollution. This strategic collaboration will help us extend our leadership in pyrolysis technology beyond India. APChemi also intends to utilize this collaboration for building world-class pyrolysis oil manufacturing facilities in India and abroad.”
About Technip Energies
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (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 extensive technology, products and services offering.
Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”). For further information: www.technipenergies.com.
APChemi Pvt. Ltd. is a leading pyrolysis technology company. APChemi has invented the Pyromax™ technology for production of high quality pyrolysis oil. APChemi has supplied 47 plastic and biomass to oil facilities to date. APChemi has an in-house technology research and product development facility, focusing on the development of sustainable pyrolysis technology for the conversion of plastic waste to oil that can be processes to plastics - Circular Economy, thus furthering the Energy Transition goals.
APChemi Pvt Ltd is a private limited company, incorporated in India. For further information: www.apchemi.com.
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