Wood, the global consulting and engineering company, has been awarded a contract for FEED and EPCm services by Clean Planet Energy.
Wood will initially design the first suite of Clean Planet Energy’s ecoPlants, which will include three plastics recycling facilities across the US – in New Jersey, Alabama and South Carolina, with contracts also in advanced discussion for their UK facilities. Clean Planet Energy is investing in excess of $150 million as part of this first development batch of global ecoPlants.
These facilities, also known as Clean Planet ecoPlants, will apply cutting edge, recycling technology to turn hard-to-recycle plastic waste into circular products. Each ecoPlant will be designed to accept 20,000 tons of plastic a year and convert this waste into over 100,000 barrels of circular petrochemical feedstocks (e.g. Circular-Naphtha) and also into ultra-low sulphur and reduced-carbon fuels.
Justin Jackson, Senior Vice President of Process & Chemicals for the Americas at Wood, said: “We are excited to start this new contract with Clean Planet Energy, a new client for Wood, and work together to realize a significant step toward achieving a circular economy for key materials like plastics. Our people are partnering with our clients to help design the future, and this project is just another example of how we’re bringing sustainable solutions to life today.”
David Nazha, President of Clean Planet Energy, added, "Wood has the level of expertise and experience required to support CPE in this important project. We are confident that this project relationship will help us achieve our mission of enabling the sustainable use of plastics."
Wood’s team of engineers in Houston, Texas, USA will be primarily responsible for the execution of this project, and as the program progresses, additional hires are anticipated.