# SK Geo Centric, SUEZ and Loop Industries to build $480M plastic recycling plant in France

SK Geo Centric, SUEZ and Loop Industries plan to build a €450 million plastic recycling plant in Saint-Avoid, France, to produce 70,000 tons of recycled PET resin annually. Construction is expected to start in early 2025, with commissioning in 2027.

- Type: New facility
- Announced: 2023-02-17
- Where: Saint-Avoid, France, France
- Value: $479.6M (450.0M EUR)
- Starts operating: 2027
- Status: announced
- Capacity: 70,000 tons of recycled PET resin per year
- Products: recycled PET resin
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SK Geo Centric](https://endata.com/companies/59265.md)
- [Suez](https://endata.com/companies/1259.md) (partner)
- [Loop Industries](https://endata.com/companies/4019.md) (partner)

## Sources

- [kedglobal.com](https://www.kedglobal.com/us/chemical-industry/newsView/ked202302170009), 2023-02-17: "It represents an innovative response to the increasing challenges of recycling plastics at the European and global level."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.