|Day's Range||6.50 - 6.80|
The proposed collaboration could construct waste pre-sorting facilities at or near EEW incineration plants in Germany to remove plastics from waste streams that are sent for incineration, LyondellBasell said in a statement. The companies would invest in advanced sorting facilities to refine the plastic that has been removed, the Houston-based multinational chemical group added.
LyondellBasell, a global leader in the chemical industry, and EEW Energy from Waste, a leading company in thermal waste treatment in Europe recently signed a letter of intent (LOI). The LOI includes exploring a potential long-term strategic partnership to extract and recycle plastics out of incineration waste streams. This proposed collaboration would potentially include construction of waste pre-sorting facilities at or near EEW incineration plants to remove plastics from waste streams bound fo
Investors managing more than $4 trillion in assets have told European chemical companies they must set out a path to move away from fossil fuels, saying that the sector's role in greenhouse gas emissions has been overlooked. Legal and General Investment Management, Amundi and EFG Asset Management are among 15 investors to have written to Europe's 13 biggest chemical companies including BASF, LyondellBasell Industries and Yara in a joint statement published this week.