SITTARD - Polymer manufacturer Sabic has reaffirmed its commitment to accelerating the circular carbon economy by unveiling a target of processing one million metric tons of Trucircle solutions by 2030.
The target includes production from Sabic’s first commercial advanced recycling unit in Geleen, The Netherlands, which is in the final stages of construction with commercial delivery of the first circular polymers expected in 2023.
As the next step on the roadmap to meet this 2030 target, Sabic has also announced that it is exploring a new commercial advanced recycling investment.
Speaking at the World Economic Forum Annual Meeting in Davos, Abdulrahman Al-Fageeh, CEO, Sabic, said: “At Sabic, we are committed to helping provide our customers with more sustainable solutions, and our target of one million metric tons of Trucircle solutions by 2030 intends to help usher in the new circular economy.”
He continued: “Driving circularity for plastics will require a rapid transformation of the entire value chain, which is only possible through collective action, innovation, and collaboration across the industry and eco system of waste management. Therefore, we are working hard with downstream and upstream partners to accelerate this process.”
Sabic announced plans to build a world-first small-scale commercial unit to produce certified circular polymers from the advanced recycling of used plastics in 2019. Since then, the company says it has been employing existing facilities to process smaller volumes of advanced recycled materials for brand owners and customers for a variety of applications already available in the market.
Following the startup of the commercial unit in Geleen, Sabic will upscale volumes globally of advanced and mechanical recycling as well as bio-based materials. In that context, Sabic has also announced that it is exploring a new advanced recycling investment that would have a potential capacity to process around 200 kilotons (KT) of circular materials per year, as well as other projects such as a small-scale advanced recycling plant in Saudi Arabia.
Sabic’s circular polymers and technologies are offered through Trucircle, a set of solutions launched to help give value chain partners access to more sustainable materials. The Trucircle portfolio includes not only certified circular products, but also certified bio-based products, based on certified 2nd and 3rd generation renewable feedstock, and mechanical recycled polymers, ocean and ocean bound recycled solutions, as well as closed loop services and design for recyclability.
Sabic’s certified circular and certified renewable products are verified and authenticated in a mass balancing approach under the International Sustainability and Carbon Certification (ISCC) PLUS scheme.