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Toyo Styrene building facility to recycle used PS into SM using Agilyx process

April 21/2020

MOSCOW (MRC) -- Agilyx Corp. has licensed its technology to Toyo Styrene Co. for use in a new facility to be built in Japan that will recycle post-use polystyrene (PS) back to styrene monomer (SM), as per Apic-online.

The plant, which will be located near Toyo Styrene's existing facility in China Prefecture, will have a processing capacity of up to 10 t/d of post-use PS.  Agilyx and Toyo have begun engineering and development of the project.  Operations are expected to begin in early 2022.

"This announcement marks our formal entrance into the Asian markets to deliver circular pathways for plas-tics," said Agilyx Chief Executive Joe Vaillancourt.

"We are excited to be working with a group that shares our mission of reducing the impact on the global environment by increasing recycled content in new products while reducing the dependency on virgin material.  Toyo Styrene has been a leader in developing eco-friendly products for the efficient use of plastics."

According to ICIS-MRC Price report, in Russia, Nizhnekamskneftekhim reduced its April selling PS prices by  Rb10,000/tonne. GPPS for injection moulding and extrusion was offered at Rb86,000-90,000/tonne CPT Moscow, including VAT, whereas HIPS - at Rb90,000-94,000/tonne CPT Moscow, including VAT.  Penoplex reduced its GPPS prices by Rb10,000/tonne. Demand for the Kirishi plant's material remained quite good. And Gazprom neftekhim Salavat reduced its indicative prices by Rb8,000/tonne, and its GPPS prices for small- and medium-sized buyers have not been settled yet.
Author:Margaret Volkova
Tags:PS, GPPS, HIPS, Gazprom neftekhim Salavat, Nizhnekamskneftekhim, Penoplex-Kirishy, Toyo Engineering, Russia, Japan.
Category:General News
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