June 07, 2023
During a recent ICIS news interview, Yvonne Van Der Laan, executive vice president of Circular and Low Carbon Solutions, shares the company’s progress towards one of its strategic pillars: building a circular and low carbon solutions business. In an article titled, “LyondellBasell Circular and Low Carbon Solutions to take multi-pronged approach for growth,” Van Der Laan briefly details efforts by her team and the company to:
Scale MoReTec, the company’s advanced recycling technology to turn difficult-to-recycle post use plastics back into valuable raw materials
Invest in third-party pyrolysis oil producers, in addition to developing its MoReTec technology, to build capacity amid rising customer demand for advanced-recycled products
Engage further upstream in waste collection and developing plastic waste sorting and processing sites
Invest in mechanical recycling across strategic regions
Testing potential electric furnace technology, which could generate 90% less GHG emissions compared to existing furnaces