With its Plastics2Chemicals (P2C) project in the port of Antwerp, Indaver will recycle 65,000 tonnes of end-of-life plastics annually. P2C will recycle polyolefins and polystyrene in high quality feedstock fit for further processing towards food grade plastic packaging. For this packaging, once it is discarded as waste, Indaver has developed a chemical recycling technology. In this process, the plastics are broken down into smaller hydrocarbon chains. This produces base chemicals as a pure end product for the petrochemical and chemical industry The investment project, worth EUR 100 million, fits in perfectly with Indaver's vision for a sustainable circular economy. In time, P2C will lead to an annual saving of around 225,000 tonnes of CO2 and create jobs for around 60 people.