Antwerp (Brussels Morning Newspaper) – SynPet Technologies, led by CEO Cem Özsüer, will invest €300 million in a Port of Antwerp plant by 2028, creating 100+ jobs and recycling 750 tons of plastic daily.
As GVA News reported, SynPet Technologies, a Turkish-Belgian company based in Brussels, is investing €300 million in a new recycling plant at the Port of Antwerp. The agreement was signed at the Port House.
The new plant is planned to start operating in the second half of 2028 and will be able to process around 750 tons of plastic waste each day. It will focus on mixed and heavily contaminated waste that other recycling systems cannot handle.
What will SynPet’s €300M Antwerp Plant mean for plastic recycling?
According to officials, the plant will use SynPet’s own hydrothermal process, a method that breaks down plastic waste with water under very high temperature and pressure. This system produces a circular oil that can replace naphtha. Unlike older techniques, the process can treat dirty or mixed plastics without heavy cleaning or sorting. It also reuses part of its own energy.
SynPet Technologies has built a demonstration plant in Istanbul to test its new recycling process. The site was used to study how mixed and contaminated plastics can be turned into useful raw materials.
Engineers collected data on production results, energy use, and waste handling to prepare for larger operations. The pilot project confirmed that SynPet’s method can break down complex plastics under heat and pressure to create circular oil suitable for reuse in the chemical industry.
Company founder and CEO Cem Özsüer said the location was chosen because of Antwerp’s strong industrial base and leading position in circular production. Synpet founder and CEO Cem Özsüer said,
“Antwerp is a logistics hub, but also a showcase of innovation, sustainability, and industrial strength. We not only have the necessary infrastructure here, but we can also forge partnerships with interesting partners.”
SynPet Technologies was founded in 2014 in Turkey and later moved its main office to Brussels to expand its work in Europe’s recycling industry. The company spent several years developing its Thermal Conversion Process (TCP), a system that turns mixed and contaminated plastic waste into reusable oil.
In 2022, SynPet finished building a pilot plant in Istanbul to test and improve the technology before starting full production. After successful trials, the company announced plans in October 2025 to build its first large recycling facility in the Port of Antwerp-Zeebrugge.
