Information on the target
INEOS Olefins & Polymers Europe has recently launched advanced production of recycled plastic at its Lavera facility located in southern France. The INEOS cracker at Lavera has received its first deliveries of pyrolysis oil derived from recycled plastic waste, which will be utilized to manufacture virgin-quality polymers. By converting the cracker and securing access to pyrolysis oil, INEOS is developing capabilities that will assist its clients in meeting stringent EU regulatory and sustainability targets.
This initiative represents a significant step towards enhancing the role of advanced recycling alongside mechanical recycling within the circular economy, particularly for high-performance applications. The pyrolysis oil, produced in Europe from post-consumer plastic packaging waste that cannot be processed through mechanical recycling, will be used to create recycled ethylene and propylene, which will then be converted into high-quality recycled polyethylene and polypropylene at INEOS polymer plants in Lavera, Sarralbe (France), and Rosignano (Italy).
Industry overview in the target’s specific country
The European chemical industry is currently facing unprecedented challenges, with increasing pressure to adopt sustainable practices and reduce reliance on fossil fuels. The EU has set ambitious recycling targets through the Packaging and Packaging Waste Regulation (PPWR), which aims for a minimum of 10% recycled content in plastic packaging by 2030. This regulatory framework is driving innovation and investment in advanced recycling technologies, which are essential for meeting these targets.
In France, the petrochemical sector is a vital component of the national economy, contributing significantly to industrial output and employment. The Lavera site, located approximately 30 miles west of Marseille, is one of the largest petrochemical complexes in Europe, housing both cracking and polymerization units. The recent acquisition of TotalEnergies' stake in various joint ventures has positioned INEOS as a key player in the French market, enabling it to leverage advanced recycling technologies to meet growing demand for sustainable materials.
Advanced recycling technologies are crucial for addressing the increasing demand for safe recycled materials, particularly in high-performance applications such as food packaging and medical supplies. These technologies facilitate the production of end products that can be recycled multiple times, thereby contributing to true circularity in consumer products. By diverting plastics from landfills and incineration, advanced recycling also reduces the consumption of fossil-derived raw materials, aligning with broader environmental goals.
The rationale behind the deal The rationale behind INEOS's investment in advanced recycling capabilities at the Lavera facility is twofold. Firstly, it positions the company to meet the stringent regulatory requirements set forth by the EU, ensuring compliance while als…