Itero today announces that it has awarded the engineering contract for its at-scale advanced recycling plant in the Netherlands to global engineering, procurement and construction company Fluor Corporation.
The plant will employ Itero’s patented modular technology to annually convert 27,000 tonnes of plastic waste, otherwise destined for landfill or incineration, into valuable oils, wax and gas that can be used as a raw material to produce new plastic and petrochemical products. In doing so, the plant will reduce emissions associated with both the disposal of plastic waste and the production of new plastics from fossil-derived petrochemicals.
The contract is being executed by Fluor’s Amsterdam office in the Netherlands. Fluor will work alongside Itero and Brightlands to deliver the site-specific design of the end-to-end plant.
The plant will be built on the Brightlands Chemelot Campus in Geleen, the Netherlands, and will create up to 30 local jobs, once operational. Itero’s ambition over the coming years, is to build a larger, multi-module commercial plant within the region. The company’s patented advanced recycling technology enables waste plastic to be recycled continuously, thereby offering a truly circular solution to the global waste plastic problem.
Itero CEO Simon Hansford commented: “We are all very excited about this announcement at Itero, as we move forward with the development of our first at-scale plant. Fluor was an obvious partner for us, bringing significant global and domain-specific experience to the project. Having passed our rigorous selection process, we now look forward to working closely with the team at Fluor in realising our ambitions for the plant and jointly accelerating the circular economy for plastics.”
Fluor’s Energy Solutions President Jim Breuer further commented: “We are honored that Itero has put their confidence and trust in Fluor to deliver their advanced plastics recycling technology vision. Itero’s leadership in the chemicals recycling market along with Fluor’s global footprint and proven project execution capabilities in the growing energy transition space will allow us to bring innovative ideas and designs to life to help build a cleaner, safer and better world.”
“Itero’s leadership in the chemicals recycling market along with Fluor’s global footprint and proven project execution capabilities in the growing energy transition space will allow us to bring innovative ideas and designs to life ” Jim Breuer, President Fluor Energy Solutions
2022-01-01at Chemelot (NL) Investment details
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