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LYB makes deal to bring new plastics recycling hub to German town

The hub will combine advanced sorting and recycling operations to address the plastic waste challenge. Photo courtesy of LYB

Houston-based chemical company LyondellBasell has signed a land lease agreement for a new integrated plastic waste recycling hub by an existing industrial park in Knapsack, Germany.

The agreement is with YNCORIS, a German industrial service provider. The hub will combine advanced sorting and recycling operations to address the plastic waste challenge and the company hopes it will grow the circular economy.

The first phase of the project will see the construction of an advanced sorting facility, which will process mixed plastic waste that can produce feedstock for mechanical and advanced recycling, since this mixed plastic waste is not recycled and usually sent to incineration for energy recovery. The hub's initial advanced sorting facility expects to start operations in the first quarter of 2026. The large facility will cover an area equivalent to 20 soccer fields.

"The industrial park in Knapsack is the ideal location for our integrated hub as is it close to our world-scale facilities in Wesseling and will allow us to develop additional technologies for the recycling of plastic waste," Yvonne van der Laan, LyondellBasell's executive vice president of circular and low carbon solutions, says in a news release. "The integration of various technologies will allow us to build scale and offer our customers a wide range of products from recycled and renewable resources."

In April, LyondellBasell also secured 208 megawatts of renewable energy capacity from a solar park in Germany. Under the 12-year deal, LyondellBasell aim s to purchase about 210 gigawatt-hours of solar power each year from Germany-based Encavis Asset Management.

By 2030, LyondellBasell hopes to produce and market at least 2 million metric tons of recycled and renewable‑based polymers annually.

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A View From HETI

The late Don Kendall Jr. is this year's Trailblazer Award recipient. Photo courtesy Kenmont Capital

Every year, the Houston Innovation Awards, presented by EnergyCapital's sister site InnovationMap, honor one Houstonian with the Trailblazer Award, whose impact is felt throughout the city's innovation and business ecosystem.

This year, the Trailblazer Legacy Award will be given posthumously to Don Kendall Jr., who died in September while on a trip to the Republic of the Congo with the Jane Goodall Institute, one of the many organizations he was deeply involved with.

Kendall's obituary puts it simply: "Don’s truest passions were conservation and his family." Many saw those passions play out in his career, particularly in the role he played in shaping Houston's clean energy sector.

Kendall served as general partner of New Climate Ventures, a Houston-based early-stage venture capital firm that invests in next-gen energy, materials and fuel technologies and startups. The firm's portfolio includes Houston-based clean energy companies like Solidec, Syzygy Plasmonics and Rheom Materials.

Kendall was also founding managing director and CEO of Kenmont Capital LP. He ran a $500 million distressed debt and credit-based hedge fund focused on the energy, power and transportation sectors and one of the top-performing private equity funds under the Kenmont umbrella.

He served on the board of Talos Energy, American Midstream Partners, Syzygy Plasmonics, Tangent Energy, Stream Energy and others. Notably, he served as Chair of the Special Committee of the SolarCity board during its acquisition by Tesla in 2016. According to his obituary, Kendall negotiated with "Elon Musk in the middle of the night on a rickety pier in Indonesia after eluding a poisonous snake."

Outside of the clean energy space, Kendall also served on the boards of the Jane Goodall Institute, Earthwatch International and Ecological Defense Group. He also served as vice chair of the Houston Zoo Inc. and chair of its Conservation Committee.

Kendall was selected by our esteemed panel of judges to receive the 2026 Trailblazer Legacy Award. The panel includes carbon removal entrepreneur and CEO of Houston-based Mars Materials Aaron Fitzgerald.

Fitzgerald shares the profound impact Kendall had on his career and those of many others.

"Honoring Don with the Trailblazer Legacy Award is a fitting tribute to a leader whose impact spanned civic work with the Houston Zoo, wildlife conservation, and the growth of our startup ecosystem," Fitzgerald says. "He paired a keen eye for potential with the relentless drive to unlock it. For Mars Materials, his early backing carried us through a critical valley when we needed belief the most, and his presence as a personal mentor is profoundly missed."

Don was an avid traveler, cyclist and collector. He is survived by his wife of 50 years, Diane S. Kendall. A celebration of life will be held early in 2027.

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This article originally appeared on our sister site, InnovationMap.

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