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Bangkok – 25 February 2026: Marking the first-ever collaboration of three industry leaders, Taokaenoi Food & Marketing Public Company Limited, or TKN, a manufacturer of seaweed snacks distributed domestically and internationally, SCG Chemicals, or SCGC, a leading integrated polymer and solutions provider for sustainability, and Dow Thailand Group, or Dow, a global leader in materials science, have jointly announced the signing of a landmark Memorandum of Understanding (MoU) to revolutionize the snack industry through the “Food-Grade Circular Packaging by Advanced Recycling Technology” project. This initiative aims to sustainably address plastic waste challenges under the concept of closed-loop recycling. This collaboration entails utilizing multi-layer packaging waste from the production processes of Taokaenoi, which was previously difficult to recycle. This waste will be processed using the advanced recycling technology of SCGC and converted back into circular feedstock. Following this, Dow will utilize the feedstock to produce new, clean, and food-grade plastic resins. These resins will then be safely used to manufacture food packaging for the Taokaenoi brand once again. It is anticipated that the packaging will be ready for commercial distribution by the end of 2026. Ms. Orrapat Peeradechapan, Chief Executive Officer of Taokaenoi Food & Marketing Public Company Limited, said, “Taokaenoi is committed to creating happiness for consumers through high-quality snacks, alongside prioritizing ESG (Environmental, Social, and Governance) principles by emphasizing sustainable economic, social, and environmental development. This collaboration represents a significant milestone that transforms the ‘challenge’ of hard-to-recycle packaging into an ‘opportunity’ to establish a practical circular economy. It is not merely about waste disposal, but rather about creating new value from used plastic. We do not only deliver great-tasting products, but we also aim to deliver a better world to consumers through eco-friendly packaging innovations that are clean, safe, and tangibly reduce environmental impacts. This will drive our business to grow alongside genuine sustainability.” Dr. Suracha Udomsak, Chief Operations and Innovation Officer of SCGC, said, “This collaboration reflects the capability of SCGC in utilizing advanced recycling technology to manage plastic packaging composed of multiple materials, which is difficult to recycle, and converting it back into circular feedstock. This feedstock can be used to produce new plastic resins (Certified Circular Polyolefin Resin), which possess properties and quality entirely equivalent to standard virgin plastic resins in all respects and are safe for direct food contact. As a result, the materials can be reused to manufacture food packaging for Taokaenoi. In addition, our process has achieved the globally recognized sustainability certification, ISCC PLUS (International Sustainability and Carbon Certification), throughout the entire supply chain, making SCGC the first company in ASEAN to achieve such certification. This partnership is considered a crucial step in driving SCGC’s goal of reintegrating used plastic into the circular economy system at a volume of 500,000 tons per year by 2030, through collaborations with business partners across the entire value chain.” Meanwhile, Mr. Vichan Tangkengsirisin, President of Dow Thailand, added, “As a materials science leader, Dow is proud to support this collaboration in Thailand by applying our technology to produce circular plastic resins from used flexible packaging feedstock with performance equivalent to fossil-based plastics. Dow Thailand Group’s polyethylene facility in Rayong is ISCC PLUS certified for its capability of converting advanced recycled feedstock into high quality, food grade circular resins. This initiative represents an important step toward closing the plastics loop in Thailand and advancing Dow’s sustainability ambition to transform the waste through collaboration with customers and value chain partners.” This collaboration serves as a model for the comprehensive management of used multi-layer plastic packaging. It reduces the accumulation of plastic waste in the country and decreases the consumption of new resources. This aligns with the sustainability goals of Taokaenoi, SCGC, and Dow, reinforcing the role of the business sector in tangibly driving the circular economy to build a sustainable future together.
Year 2025
September 2025

Plastic Energy and SABIC JV plant produces its first batch of oil from hard-to-recycled plastics

September 13, 2025 – Plastic Energy has announced the production of its first batch of TACOIL™ at its joint venture plant with SABIC in Geleen, the Netherlands. This marks a key milestone on the road to full commercial operations.

TACOIL™ is made from hard-to-recycle post-consumer plastic waste that would otherwise be incinerated or sent to landfill. It serves as a replacement for conventional naphtha in existing petrochemical plants, enabling the manufacture of food-contact packaging, medical-grade plastics and other high-quality products. The polymers produced at the plant will significantly increase commercial volumes of circular polymers which have been used by brand owners in a variety of consumer and packaging products since 2019.

Plastic Energy’s patented TAC™ chemical recycling process breaks down mixed plastic waste using heat in an oxygen-free environment. Once fully operational, the plant will recycle 20,000 tonnes of plastic waste per year.

The technology, already proven at industrial scale at Plastic Energy’s plants in Spain, is designed to plug directly into the existing plastics value chain. Less than 30% of Europe’s 32 million tonnes of plastic waste is currently recycled.1 The SPEAR facility, which is set to be the first example of a third-party chemical recycling technology being integrated into an existing petrochemical facility, will help support and enable the EU’s goal under the Packaging and Packaging Waste Regulation (PPWR) for all packaging to be fully recyclable by 2030.

Ian Temperton, Chief Executive Officer of Plastic Energy, said:

“Producing our first TACOIL™ at SPEAR is a major step forward for the plastic recycling industry. It underscores the capabilities of Plastic Energy’s technology, the robustness of our process and the dedication of our excellent team. We value the collaboration with our project partner SABIC and are proud to have achieved this milestone together.

“Recycling plastic waste into new plastics is critical to building a circular economy — and that’s exactly what this plant delivers. It boosts recycling rates, helps reduce CO2 emissions by diverting used plastic from incineration, and shows what’s possible when innovation meets scale.”

This project is being executed with a Top Sector Energy Subsidy from the Ministry of Economic Affairs in the Netherlands.