Turning Waste into Opportunity: The Journey Toward Plastics Circularity from LyondellBasell’s Torkel Rhenman

By Luke Rucker

The 2025 UH Energy Symposium on Plastics Circularity brought together leading voices from across industry, academia, and public policy to explore complex challenges—and promising opportunities—of building a sustainable future for plastics. Held in the Houston Room at the UH Student Center, the symposium featured a full day of expert panels, technical sessions, and keynote speakers. Discussions focused on advancing technology, policy, and collaboration to drive sustainable solutions for the plastics manufacturing industry.

The opening session was kicked off with a keynote address by Torkel Rhenman, Executive Vice President of Advanced Polymer Solutions at LyondellBasell (LYB). Rhenman’s address set the tone for the day, emphasizing industry collaboration, infrastructure, and innovation as essential drivers in achieving a circular plastics economy.

Rhenman quickly noted the disparity between recycling rates in the U.S. and European nations: “The average recycling rate in the U.S. is much lower than in Germany, for example. That gap forces us to ask: Why? And what needs to change to make circularity a reality?”

Drawing on nearly four decades of experience in plastics manufacturing, Rhenman addressed the challenges of implementing industry-wide recycling practices. “We need to work on the entire chain—policy, technology, infrastructure, and consumer behavior—to make the economics of plastics circularity work,” he said, stressing the importance of aligning industry practices with sustainable development goals for long-term impact.

LYB, one of the world’s largest producers of polymers, has set ambitious goals to produce and market recycled and renewable-based polymers, and generate incremental value for the company. “Circularity wasn’t always our focus,” Rhenman noted. “Years ago, we asked ourselves what it would take to become a leader (in circularity). Now, leading in circular and low carbon solutions is embedded in our corporate strategy.”

A key part of the company’s approach to circular and low carbon solutions is the development of integrated hubs, such as the one the company is developing in Cologne, Germany. “It will include advanced plastic waste sorting operations, along with mechanical and chemical recycling capabilities, and will be integrated with the company’s existing manufacturing assets,” he explained. “It’s about turning waste back into virgin-quality plastics.” Rhenman also mentioned how a second, even larger hub is also being considered for Houston at LYB’s former refinery site.

Rhenman highlighted the impact of MoReTec, the company’s proprietary chemical recycling technology. Designed to operate at lower temperatures and with fewer greenhouse gas emissions, MoReTec represents a step forward in scalable plastic repurposing. “We’ve been working on this for several years, and we are keen to call this (MoReTec) revolutionary,” he said. Innovations like this bring us closer to helping make circularity a reality.”

While showcasing LYB’s proactive steps to contribute to plastics circularity, Rhenman also stressed the need for public policy to catch up. “We absolutely need a supportive regulatory environment, for example, recycled content mandates, extended producer responsibility programs, and investment in infrastructure,” he said, while noting that Europe is already moving in this direction.

Despite challenges, Rhenman pointed to companies that are driving momentum. He noted that companies such as Volvo, Lego, and IKEA are already setting ambitious benchmarks, already having a significant percentage of their products made from sustainable materials.

At closing, Rhenman noted the challenges and transformations ahead for the plastics industry. He reiterated that achieving a circular plastics economy will require a global effort:

“From legislation and standards, to improved infrastructure, educating and motivating consumers, the industry must work together across the value chain to integrate circular products into their applications.”

Behind the technical, complex, and often arduous journey toward plastics circularity—including the financial investment and technological developments needed—the mission Torkel Rhenman shared remains simple: everyone must do their part to help build a fully circular plastics ecosystem, where materials can be reused, broken down, and made new again.

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