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plastic energy
sustainability
report

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The
Plastic Waste Problem

and current challenges

Our modern lifestyles thrive on the lightweight and durable protection that plastic packaging offers. Unfortunately, only a very small amount of plastic is recycled….

Much more is needed to address the plastic pollution problem. Efforts to reduce plastic consumption and to boost re-use of plastic, plastic waste collection, sorting, and recycling capabilities need to increase. Plastic Energy plays a key role in recycling plastic waste and developing a circular plastic economy.

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ONLY

0%


of global plastic waste
is currently recycled

00m+


TONNES

of plastics end up in the environment and our oceans each year
EU TARGETS

00%


of plastic packaging must
be recycled by 2025

Plastic Energy
as a leader

in the circular plastics economy

Plastic Energy is an award-winning company at the forefront of the circular economy for plastics and the chemical recycling industry.

We are unique in this industry with our operational experience and commercial plants in Almeria and Seville, in Spain.

We are working hard on developing the chemical recycling industry and its recycling infrastructure.

In 2021 we received the following awards:

  • ICIS Power Player for our CEO Carlos Monreal
  • Chemical Week award for our project with SABIC, Sealed Air, Tesco, and Bradburys Cheese

In 2022 we received:

  • Bandera de Andalucía al Mérito Medioambiental (Flag of Andalucia Environmental Merit) award for our operations in Spain
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44

Presented at

industry events

FEATURED IN

In 2022, we…

Sourced

100%

renewable
electricity

For our plants in
Seville and Almeria

Presented at

44 industry events

Signed an agreement with TotalEnergies to build a second advanced recycling plant in Seville, Spain

Opened new research and development labs at Loughborough University in the UK

Joined the Cleantech for Europe Scale-up Coalition, a network of companies working to scale up clean technologies in Europe

proof of concept

for plastic-to-plastic Recycling

We work with the entire value-chain to develop a circular economy for plastic waste. A collaboration with partner SABIC enabled the launch and commercialisation of the first food-grade packaging with recycled content from chemical recycling (rPP) on the European market in October 2019, for Unilever’s Magnum ice cream tubs.

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MORE THAN

10


products made from our TACOIL™ released onto the market from well-known brands

In 2022, we announced a collaboration with Heinz, Tesco, SABIC and Berry Global to develop Heinz Beanz Snap Pots, made from 39% recycled soft plastic, collected from customers at Tesco’s in-store collection points.

The move to make soft plastics into food-grade, microwavable snappable pots that can be returned into the kerbside recycling loop is believed to be a world first.

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In 2022, we announced a collaboration with Heinz, Tesco, SABIC and Berry Global to develop Heinz Beanz Snap Pots, made from 39% recycled soft plastic, collected from customers at Tesco’s in-store collection points.

The move to make soft plastics into food-grade, microwavable snappable pots that can be returned into the kerbside recycling loop is believed to be a world first.

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Advocacy and
Stakeholder Engagement

As a leader in the field of chemical recycling, Plastic Energy collaborates with stakeholders across the entire value-chain through various forums and partnerships. These include ambitious targets to reduce plastic pollution and forge constructive dialogue with industry, NGOs and policymakers for a circular plastics economy.

We also regularly contribute to workshops and policy events with a view to enable the waste sector to reduce plastic pollution.

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WE ARE MEMBERS OF

Signatory

Signatory

Signatory

Signatory

Signatory

Signatory

Sustainability is
our mission

At Plastic Energy, our aim is to be part of the solution for a healthier and more sustainable planet. We have taken the important step of adopting new sustainability values that will be rooted into every aspect of our company: environmental, social, and economic sustainability.

The incorporation of these values will enable growth in a sustainable direction, which will be supporting the UN Sustainability Development Goals and the UN Global Compact’s Ten Principles in the areas of human rights, labour, the environment, and anti-corruption.

Sustainability is our mission

At Plastic Energy, our aim is to be part of the solution for a healthier and more sustainable planet.We have taken the important step of adopting new sustainability values that will be rooted into every aspect of our company: environmental, social, and economic sustainability.

The incorporation of these values will enable growth in a sustainable direction, which will be supporting the UN Sustainability Development Goals and the UN Global Compact’s Ten Principles in the areas of human rights, labour, the environment, and anti-corruption.

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Our technology contains a chemical and thermal process, which needs to be managed properly to avoid safety risks. Plastic Energy’s sense of global responsibility includes a strong dedication to health, safety and the environment (HSE) and an abiding belief in the company’s fundamental approach to safety.

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Safety

We are committed to continuing to achieve a high safety standard for all of our global operations.

Our technology contains a chemical and thermal process, which needs to be managed properly to avoid safety risks. Plastic Energy’s sense of global responsibility includes a strong dedication to health, safety and the environment (HSE) and an abiding belief in the company’s fundamental approach to safety.

We are committed to continuing to achieve a high safety standard for all of our global operations. 

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People, Governance,
and Compliance

Our people are our biggest asset and the key enabler in Plastic Energy’s success. As a growing company, we are continually developing initiatives to support our talented workforce.

In the year to come, we are focused on strengthening our teamwork, transparency, and diversity. We will continue to create a safe and welcoming atmosphere for our employees as we value all the diverse skill sets, knowledge, and experience that our Plastic Energy family has.

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00%


Female

00%


Male

PLANET

Achieving net-zero emissions by 2050

At Plastic Energy, we are dedicated to solving the plastic waste crisis and to leaving the planet better than we found it. While we still have a lot of work ahead, we are committed to placing sustainability at the heart of our technology and business development strategies.

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At Plastic Energy, we are dedicated to solving the plastic waste crisis and to leaving the planet better than we found it. While we still have a lot of work ahead, we are committed to placing sustainability at the heart of our technology and business development strategies.

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At Plastic Energy, we are dedicated to solving the plastic waste crisis and to leaving the planet better than we found it. While we still have a lot of work ahead, we are committed to placing sustainability at the heart of our technology and business development strategies. 

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Achieving net-zero emissions by 2050

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