In Belgium, Belgium-based Turkish technology company SynPet Technologies announced the construction of its first commercial recycling plant in the Port of Antwerp-Bruges. The €300 million investment follows thirteen years of research and development into a greener and more cost-efficient form of plastic recycling, capable of processing waste that cannot be recycled with current methods such as pyrolysis and gasification. The new facility will transform 250,000 metric tons of untreated mixed plastic waste each year into circular products such as circular naphtha substitute and renewable natural gas, marking a brand new approach to chemical recycling.