A technical defect caused the fire in a product bunker next to the modern sorting and recycling plant. The damage to the plant and the building’s infrastructure totalled tens of millions of euros. Subject to the final expert opinions, the warehouse and the entire logistics area have remained intact. Source One Plastics is permitted to resume work in these and other defined areas. The safety-relevant toxicological and static tests have been completed.
‘By renting office containers directly, we have initially ensured that operations can run smoothly,’ says Kai Hoyer, Managing Director of Source One Plastics. ‘We are currently liaising closely with our partner companies who supported the construction of the plant and are exploring possible replacement or repair measures, particularly with the manufacturers of our special machines.’ Deliveries and remaining stock quantities are currently being rerouted or transshipped in the logistics area that has been preserved.
The remediation of the fire site is proceeding in close consultation with the insurance company and various experts. First of all, the plant’s remaining units will be removed, cleaned and stored. A specialist company will then decontaminate and clear the fire site. "We then start rebuilding the hall straight away. This is essential for restoring the production area and rebuilding the plant," says Kai Hoyer. "We can only predict when we will be able to put the plant back into operation once we have the final damage assessment. However, we are confident that the plant will be running at full production capacity again this year."
The employees of Source One Plastics support this goal. ‘Of course, the fire situation was initially a shock for all colleagues involved,’ says Kai Hoyer. "But now there is a positive spirit of optimism. We can start with the first recovery measures, and I am proud of how motivated our team is in dealing with the situation. We can feel the commitment of each individual to return to their previous working routine as quickly as possible. We are also receiving a lot of encouragement from outside. That is helping immensely."
About Source One Plastics
Source One Plastics GmbH is a German-Dutch joint venture between LyondellBasell and 23 Oaks Investments. The aim of the company is to process post-consumer plastic waste, which is currently usually incinerated, for reuse with the help of an energy-efficient and advanced sorting and recycling plant. In 2024, Source One Plastics aims to fill up to thirty positions at its Eicklingen site in Lower Saxony to create a true circular economy for plastics. Source One Plastics GmbH was founded in October 2022 and is managed by Kai Hoyer.
About LyondellBasell
We are LyondellBasell (NYSE: LYB) – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.
About 23 Oaks Investment
23 Oaks Investment GmbH is a holding company that aims to create the global infrastructure for a closed-loop circular economy through financial and operational investments in sustainable companies in the plastics industry. It invests in resource-saving product development and in the design and construction of innovative collection, sorting, and recycling systems. 23 Oaks combines environmental and economic gains in the Circular Economy, providing solutions for the environmentally and climate responsible use of plastics. 23 Oaks was founded in June 2019 by Kai Hoyer in Leiferde/Lower Saxony, Germany.
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