McDermott awarded contract for plastics recycling project

MCDERMOTT has announced that it has been awarded a front end engineering design (FEED) contract from Michelin Group to industrialise a plastic recycling project.

The process will recycle polystyrene into regenerated styrene, which will then be used for the production of polystyrene as well as synthetic rubber in tyres. McDermott will provide value engineering, risk analysis, and a constructability study. Work will begin immediately and is expected to be completed by the third quarter of this year.

Tareq Kawash, Senior Vice President, Europe, Middle East, Africa, said: “This award reflects the successful and long-standing relationship between McDermott and Michelin, having worked together since 2008 at varying stages of production, from design to startup. In line with McDermott's energy transition strategy, we will … continue supporting Michelin's commitment to a circular economy and increasing demand for sustainable materials."