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

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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.

LyondellBasell bought into a joint venture, Cyclyx International, that was formed in 2020 by Spring-based energy giant ExxonMobil and Tigard, Oregon-based plastic recycling innovator Agilyx. Photo courtesy ExxonMobil

Houston energy company buys in on plastic recycling

Cyclyx secured

Dutch chemical company LyondellBasell, whose U.S. headquarters is in Houston, has purchased a 25 percent stake in a joint venture that seeks to accelerate advancements in plastic recycling.

The joint venture, Cyclyx International, was formed in 2020 by Spring-based energy giant ExxonMobil and Tigard, Oregon-based plastic recycling innovator Agilyx.

In 2022, Cyclyx announced it had inked a deal with ExxonMobil and LyondellBasell to develop a first-of-its-kind plastic waste sorting and processing plant in the Houston area. The estimated $100 million facility, set to open in 2024, is poised to annually produce 330 million pounds of plastic feedstock, which is made up of recycled materials that can be used to manufacture new plastics.

“Investing in plastic waste value chain experts such as Cyclyx, together with Agilyx and ExxonMobil, helps create the robust supply chains we all need to increase access to circular and renewable feedstocks,” Yvonne van der Laan, executive vice president of LyondellBasell, says in a news release.

In conjunction with the LyondellBasell announcement, Cyclyx says it’s expanding the licensing-only model for its recycling centers to add a “build, own, and operate” option. Cyclyx says this shift will enable it to control custom-blended feedstocks from sourcing through delivery.

Last year, Cyclyx revealed it had completed a pilot project for grocery store chain Food Lion.

At the outset of the project, plastic waste at certain Food Lion stores was collected for recycling. Cyclyx then sorted and pre-processed the waste before sending it to ExxonMobil’s recycling facility in Baytown. In Baytown, ExxonMobil used its Exxtend technology for advanced recycling to create new “virgin quality” plastics and other products.

ExxonMobil says the Baytown facility, which began operating in 2021, can process more than 80 million pounds of plastic waste per year. The company says the Exxtend technology it uses there breaks down hard-to-recycle plastic waste — such as synthetic athletic fields, bubble wrap, and motor oil bottles — that previously would have headed to landfills.

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Chevron CEO touts biofuels as part of its renewable energy efforts

Betting on biofuels

As Chevron Chairman and CEO Mike Wirth surveys the renewable energy landscape, he sees the most potential in biofuels.

At a recent WSJ CEO Council event, Wirth put a particular emphasis on biofuels—the most established form of renewable energy—among the mix of low-carbon energy sources. According to Biofuels International, Chevron operates nine biorefineries around the world.

Biofuels are made from fats and oils, such as canola oil, soybean oil and used cooking oil.

At Chevron’s renewable diesel plant in Geismar, Louisiana, a recent expansion boosted annual production by 278 percent — from 90 million gallons to 340 million gallons. To drive innovation in the low-carbon-fuels sector, Chevron opened a technology center this summer at its renewable energy campus in Ames, Iowa.

Across the board, Chevron has earmarked $8 billion to advance its low-carbon business by 2028.

In addition to biofuels, Chevron’s low-carbon strategy includes hydrogen, although Wirth said hydrogen “is proving to be very difficult” because “you’re fighting the laws of thermodynamics.”

Nonetheless, Chevron is heavily invested in the hydrogen market:

As for geothermal energy, Wirth said it shows “some real promise.” Chevron’s plans for this segment of the renewable energy industry include a 20-megawatt geothermal pilot project in Northern California, according to the California Community Choice Association. The project is part of an initiative that aims to eventually produce 600 megawatts of geothermal energy.

What about solar and wind power?

“We start with things where we have some reason to believe we can create shareholder value, where we’ve got skills and competency, so we didn’t go into wind or solar because we’re not a turbine manufacturer installing wind and solar,” he said in remarks reported by The Wall Street Journal.

In a September interview with The New York Times, Wirth touched on Chevron’s green energy capabilities.

“We are investing in new technologies, like hydrogen, carbon capture and storage, lithium and renewable fuels,” Wirth said. “They are growing fast but off a very small base. We need to do things that meet demand as it exists and then evolve as demand evolves.”

Houston robotics company partners with Marathon Petroleum to scale fleet

robot alliance

Houston- and Boston-based Square Robot Inc. has announced a partnership with downstream and midstream energy giant Marathon Petroleum Corp. (NYSE: MPC).

The partnership comes with an undisclosed amount of funding from Marathon, which Square Robot says will help "shape the design and development" of its submersible robotics platform and scale its fleet for nationwide tank inspections.

“Marathon’s partnership marks a major milestone in our mission to transform industrial tank inspection,” David Lamont, CEO of Square Robot, said in a news release. “They recognize the proven value of our robotic inspections—eliminating confined space entry, reducing the environmental impact, and delivering major cost efficiencies all while keeping tanks on-line and working. We’re excited to work together with such a great company to expand inspection capabilities and accelerate innovation across the industry.”

The company closed a $13 million series B last year. At the time of closing, Square Robot said it would put the funding toward international expansion in Europe and the Middle East.

Square Robot develops autonomous, submersible robots that are used for storage tank inspections and eliminate the need for humans to enter dangerous and toxic environments. Its newest tank inspection robot, known as the SR-3HT, became commercially available and certified to operate at a broader temperature range than previous models in the company's portfolio this fall.

The company was first founded in the Boston area in 2016 and launched its Houston office in 2019.

$3B acquisition of hazardous waste co. tops latest energy news to know

Trending news

Editor's note: The top energy transition news for the month includes Veolia's $3 billion Clean Earth acquisition and ERCOT's new $9.4 billion project. Here are the five most-read EnergyCapitalHTX stories from December 1-16, 2025:

1. Hazardous waste company with Houston presence to make $3B acquisition

Veolia will acquire Clean Earth. Photo courtesy of Veolia/LinkedIn

Veolia, a Boston-based company with major operations in Texas, is purchasing hazardous-waste company Clean Earth from Enviri as part of a $3 billion deal. Veolia is a private water operator, technology provider and hazardous waste and pollution treatment company that operates a large hazardous waste treatment and incineration facility in Port Arthur. Hazardous waste treatment is a growing sector as the clean energy, semiconductor manufacturing, healthcare and pharmaceutical industries generate high levels of waste that need to be handled safely. Continue reading.

2. Federal judge strikes Trump order blocking wind energy development

A federal judge has thrown out President Trump's executive order blocking wind energy development, calling it 'arbitrary and capricious.' Photo by Moritz Lange via Unsplash.

In a win for clean energy and wind projects in Texas and throughout the U.S., a federal judge struck down President Donald Trump’s “Day One” executive order that blocked wind energy development on federal lands and waters, the Associated Press reports. Judge Patti Saris of the U.S. District Court for the District of Massachusetts vacated Trump’s executive order from Jan. 20, declaring it unlawful and calling it “arbitrary and capricious.” Continue reading.

3. Air Liquide and Hyundai ink partnership to scale hydrogen economy

Air Liquide and Hyundai agreed to expand hydrogen refuelling networks, storage capacity and more at a meeting in Seoul last week. Photo courtesy Air Liquide.

Air Liquide, which maintains its U.S. headquarters in Houston, and South Korea-based Hyundai Motor Group are expanding their strategic partnership to accelerate the growth of the global hydrogen ecosystem. The renewal of the companies’ Memorandum of Understanding (MoU) was announced at the Hydrogen Council CEO Summit in Seoul last week. Together, the companies will work to scale hydrogen production, storage, transportation and utilization across Europe, Korea and the United States with a concentration on heavy-duty transport, logistics and public transportation. Continue reading.

4. ERCOT approves $9.4B project to improve grid, meet data center demand

ERCOT plans to build a “super highway” of new transmission lines to boost grid reliability. Photo via Getty Images

The Electric Reliability Council of Texas, which manages the electric grid for 90 percent of Texans, is undertaking a $9.4 billion project to improve the reliability and efficiency of statewide power distribution. The initiative comes as ERCOT copes with escalating demand for electricity from data centers and cryptocurrency-mining facilities. Continue reading.

5. Reliant partners to expand Texas virtual power plant and home battery use

Reliant is offering new incentives to boost NRG's virtual power plant network in Texas. Photo via goodleap.com.

Houston’s Reliant and San Francisco tech company GoodLeap are teaming up to bolster residential battery participation and accelerate the growth of NRG’s virtual power plant (VPP) network in Texas. Through the new partnership, eligible Reliant customers can either lease a battery or enter into a power purchase agreement that incentivizes users by offering monthly performance-based rewards for contributing stored power to the grid. Continue reading.

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