In Europe, Shell and BlueAlp signed a strategic partnership to develop, scale and deploy BlueAlp’s plastic waste to chemical feedstock technology. The technology, often referred to as chemical recycling, transforms plastic waste which is tough to recycle into a recycled feedstock (i.e. pyrolysis oil) that can be used to make sustainable chemicals. Shell and BueAlp are to build two pyrolysis units with the combined capacity to process approximately 30Kt of tough-to-recycle plastic waste. The two units are expected to be operational in 2025 and Shell will use one 100% of the pyrolysis oil at its chemical plants in the Netherlands. As part of the agreement Shell has taken a 21% equity stake in BlueAlp, an investment that will help reach the company’s ambitions.