"We are delighted to announce Plastic Energy's first project in the U.S., which is a region that has enormous potential for the plastic-to-plastic advanced recycling market. Using our patented and innovative technology, this new advanced recycling plant in the U.S. will be able to treat post-consumer waste that would otherwise be incinerated, landfilled or end up polluting the environment," said Carlos Monreal, founder and CEO of Plastic Energy. "Working with Freepoint and TotalEnergies, we will be able to recycle more plastics and reduce the depletion of natural resources, which benefits the circular economy."