SABIC studies plastic waste-to-oil plant in Kingdom

DUBAI: SABIC is looking at converting plastic waste into a form of oil as part of its circular economy push.
The Riyadh-headquartered company also plans to establish its first chemical recycling project after signing an initial agreement with Saudi Investment Recycling Company, a unit of the Public Investment Fund.
Pyrolysis oil can be used for several purposes including producing heat, cooling and general electricity.