24-05-2022
S&B signs master service agreement for New Hope Energy’s advanced plastics recycling unit
S&B Engineers and Constructors signs a multi-year master service agreement to provide engineering, procurement and construction services for New Hope Energy’s plastics pyrolysis unit. The initial project under this partnership is the expansion in Tyler, Texas. The expansion will add 420 metric tons per day of capacity to convert plastic waste to chemical feedstocks in the existing facility. This expansion will allow the Tyler plant to divert more than 300 million pounds of plastic waste from landfills annually. The project also represents a long-term alliance between S&B and New Hope Energy, an environmental technology company developing advanced chemical recycling systems.
“S&B remains at the forefront of energy transition projects because of our engineering expertise and the ability to safely execute on time and within budget.”
“We selected the S&B team for this significant project because of their deep technical expertise, fully-integrated EPC capabilities and 50+ year history of successfully delivering industrial-scale facilities,” said Ron Nussle, COO and President of New Hope Energy. “We look forward to the long-term program and collaborative partnership with S&B and its highly developed supply chain as we grow our advanced chemical recycling systems to create a circular economy that moves the U.S. toward a sustainable future.”
S&B will provide full EPC services for the pyrolysis unit expansion to industrial-scale using the Lummus New Hope Plastic Pyrolysis Technology to process plastic waste into renewable chemical feedstocks.
“We’re excited to partner with New Hope to boost its advanced recycling capacity to create solutions for plastic waste,” said Ray Sherman, President of S&B’s Energy Transition, Power and Industrial business unit. “S&B remains at the forefront of energy transition projects because of our engineering expertise and the ability to safely execute on time and within budget.”
The project began in late 2021, with construction completion and commissioning expected in early 2024.
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