McDermott International has been awarded a FEED contract from Michelin Group for the first industrialization of a plastic recycling process to produce regenerated styrene from polystyrene.
McDermott International Ltd announced Wednesday that it has been awarded a Front End Engineering Design (FEED) contract from Michelin Group in France for “the first industrialization of an innovative plastic recycling process to produce regenerated styrene from polystyrene”.
The regenerated styrene produced will be used in the production of synthetic rubber for tires and polystyrene, McDermott noted. The company said it will provide value engineering, risk analysis, and a detailed constructability study within the industry-first FEED. Work on the project will be executed from McDermott's office in Brno, Czech Republic, and will start immediately. The contract is expected to be completed in the third quarter of this year.