Recuro and INEOS Partner to Produce Recycled Feedstock for High-Performance Packaging

Recuro and INEOS Partner to Produce Recycled Feedstock for High-Performance Packaging

(IN BRIEF) INEOS and Norwegian recycler Recuro have signed a Memorandum of Understanding to develop an advanced recycling facility at INEOS’ Bamble polymer site in Norway. The facility will process up to 33,000 tonnes of end-of-life plastic waste annually and support the production of recycled feedstocks needed to meet EU Packaging and Packaging Waste Regulation requirements. The project, named “Full Circle”, will use advanced pyrolysis technology powered by renewable Norwegian energy. By recovering both oil and gas fractions from plastic waste and using existing industrial infrastructure at Bamble, the project aims to reduce emissions, lower costs and improve circularity. INEOS will use the recycled product to produce recycled ethylene at its Rafnes cracker, enabling the Bamble plant to manufacture virgin-quality recycled polyethylene suitable for demanding uses such as food and medical packaging. The project also supports Recuro’s ambition to become a major player in plastics recycling and reflects INEOS’ broader commitment to a low-carbon circular economy.

(PRESS RELEASE) LONDON, 10-Jul-2026 — /EuropaWire/ — INEOS and Norwegian recycling company Recuro have signed a Memorandum of Understanding to develop an advanced recycling facility at INEOS’ Bamble polymer site in Norway.

The planned facility will process up to 33,000 tonnes of end-of-life plastic waste each year, supporting the production of recycled feedstocks for new plastics and helping address the requirements of the EU Packaging and Packaging Waste Regulation.

The project, named “Full Circle”, is designed to combine advanced recycling technology with existing industrial infrastructure. By using available land, services and facilities at INEOS’ Bamble site, the partners aim to reduce both development costs and the project’s overall environmental footprint.

The facility will be powered entirely by renewable Norwegian energy and will use advanced pyrolysis technology. This process heats plastic waste at high temperatures in the absence of oxygen, breaking it down into simpler components such as oil, gas and char.

The project is designed to maximise recovery of the embedded carbon in plastic waste by retaining both the oil and gas fractions produced during recycling for further use. Instead of being diverted to energy generation, these fractions can be reused as feedstocks, helping keep carbon-based materials in circulation and reducing overall CO₂ emissions.

INEOS plans to use the recycled product as feedstock to produce recycled ethylene at its Rafnes cracker. This will enable the nearby Bamble plant to manufacture virgin-quality recycled polyethylene for demanding applications, including food and medical packaging.

The recycled polyethylene is expected to meet strict EU regulatory requirements while supporting higher overall recycling rates for plastic materials.

Arve Jakobsen, Chief Executive Officer of Recuro, said the Full Circle project stands out because of its integrated approach.

“What makes the ‘Full Circle’ project stand out is its holistic approach,” said Jakobsen. “By reusing an existing industrial site, optimising infrastructure, and locating the plant next to a steam cracker facility, we can recover and reuse both oil and gas streams. This is circularity in its truest form.”

Jakobsen added that the project marks an important step in Recuro’s ambition to become a leading player in plastics recycling.

“Great outcomes are possible through strong partnerships,” he said. “This exciting project has been made possible by the support we have received from the Norwegian government through Innovation Norway, our technology partner, Vixla, and of course, INEOS.”

Liz Rittweger, Chief Executive Officer of INEOS Olefins & Polymers Europe, said advanced recycling is important for expanding the possibilities of plastics recycling, particularly for high-performance applications.

“Advanced recycling plays a critical role in expanding the potential for plastics recycling and closing the loop for high-performance applications,” said Rittweger. “This project reflects INEOS’ commitment to making a low-carbon circular economy a reality for our customers and wider society.”

She added that clear and harmonised regulatory frameworks are needed to support advanced recycling, recognise its outputs, create legal certainty and give investors confidence to fund new technologies at scale.

The collaboration between INEOS and Recuro is intended to support the development of circular plastic value chains in Europe by turning end-of-life plastic waste into high-quality recycled materials suitable for reuse in demanding packaging applications.

Editor notes

The recycling process utilises pyrolysis, a technology that heats materials at high temperatures in the absence of oxygen to break them down into simpler components – primarily oil, gas, and char. These outputs can then be refined and reused as feedstocks for new plastic production, closing the loop on plastic waste.

About INEOS Olefins & Polymers Europe

INEOS Olefins & Polymers Europe has the capacity to manufacture over 8.5 million tons of chemicals and polymers at eight sites. These are used to produce a wide range of derivative

Media Contacts:

Regional and pan-European titles:
INEOS PR  |  +44 (0) 207 193 9030 | ineos@firstlightgroup.io
Richard Longden | INEOS | +41 79 962 61 23 | richard.longden@ineos.com

Trade Press:
Alistair Shaw | INEOS Olefins & Polymers Europe | +44 7817458865 | alistair.shaw@ineos.com

Norway media:
Åse Dvergsdal | INEOS Norway | +47 48350626 | ase.dvergsdal@ineos.com

SOURCE: INEOS