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Start-up to build polymer plant based on used plastics in the Netherlands

3:07 AM MDT | April 22, 2014 | Francinia Protti-Alvarez

Quality Circular Polymers (QCP; Urmond, Netherlands), an initiative of Huub Meessen and Marc Houtermans—entrepreneurs with extensive experience in petrochemicals—will invest €75 million ($103.6 million) to build a circular polymer plant at the Chemelot petrochemical site in the Netherlands, the company has announced. The plant will produce polymers based on used plastics. The nameplate capacity of the plant will be 100,000 m.t./year, and the project will be realized in three phases. About €35 million of the total investment will develop the...

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