Loop Industries and SUEZ to build biggest recycling plant in the world

Loop Industries and SUEZ will build the largest recycling facility in in the world, dedicated to the production of food grade fully recycled and infinitely recyclable plastic.

The new recycling facility dedicated to plastic will be located in Europe, with the potential to produce the equivalent of approximately 4.2 billion food grade beverage bottles made of fully recycled and infinitely recyclable PET plastic annually.

Europe consumes approximately 5.5 million tons of PET plastic every year, less than 7 per cent of is currently recycled into bottles. Final site selection and engineering are targeted to be completed by mid-2021 and commissioning of the facility is currently projected in 2023.

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