The P2PC project aspires to cope with the urgent issue of plastics waste management. The project targets the challenge of increasing plastic waste volumes and diversity on the one hand, as well as the establishment of circular material schemes instead of value destruction. The most important premise of P2PC is that by pyrolysis, plastic waste that is currently being burned or landfilled can be a source of diverse chemical building blocks, the so-called “precious chemicals”. Its target, in other words, is to turn plastic waste into value. This way, P2PC can be considered as the next step in Flanders’ efforts to lead the global effort in tackling the challenge of waste plastics.