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LyondellBasell and Genox Recycling have signed an MoU to establish a joint venture to build a plastics recycling plant in Zhaoqing, Guangdong Province, with a planned startup in 2023. The plant will use mechanical recycling to produce polymers for the Circulen Recover portfolio.
“Advancing a circular economy that enables plastic waste to be transformed into more sustainable solutions for our customers is important to us, and we are pleased to collaborate with Genox Recycling to make this happen.”lyondellbasell.com
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