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MOSCOW (MRC) -- INEOS Styrolution,
the styrenics subsidiary of Ineos, has signed a joint development agreement with
Recycling Technologies (Swindon, UK), a specialist plastic recycling technology
provider, to advance the development of polystyrene (PS) recycling in Europe,
according to Chemweek.
The agreement
recognizes the commercial value of post-consumer plastic waste to prevent it
being incinerated or ending up in landfill, the companies say.
Recycling
Technologies has completed a detailed research and trial process with
Styrolution. This included scientific research and processing of PS on Recycling
Technologies’ Mark II test reactor, which has produced “excellent results,” the
companies say. They will now further advance this depolymerization process based
on Recycling Technologies’ fluidized-bed technology, currently used for mixed
plastics, to adapt it for the commercial recycling of PS.
“Recycling
Technologies’ fluidized-bed technology is a very promising technology to drive
our joint agenda forward,” says Sven Riechers, vice president/business
management, standard products, EMEA at Styrolution
“To date we have
focused on the recycling of mixed plastic waste, this initiative will allow us
to develop and expand our feedstock recycling technology solutions to address a
new and important market, recycling polystyrene,” says Adrian Griffiths, CEO and
founder of Recycling Technologies.
As MRC reported earlier,
in January 2020, INEOS Styrolution, the global leader in
styrenics, announced plans to build a world-scale
acrylonitrile-butadiene-styrene (ABS) plant in Ningbo, China. The new
production site will be adjacent to the recently acquired polystyrene plant in
Ningbo. Thus, company plans to construct a green field ABS plant adjacent
to the Ningbo PS site in the Zhejiang Province in Eastern China. Its annual
capacity is planned to be at 600,000 tonnes. Construction is planned to start in
2020, completion is expected in 2023.
According to MRC's ScanPlast report,
Russia's estimated consumption of PS and styrene plastics was 225,870
tonnes in the first half of 2020, down by 8% year on year. PS consumption
increased by 2% year on year in June 2020, totalling 39,590 tonnes.
INEOS Styrolution is the leading, global styrenics supplier with a focus
on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With
world-class production facilities and more than 85 years of experience, INEOS
Styrolution helps its customers succeed by offering the best possible solution,
designed to give them a competitive edge in their markets. The company provides
styrenic applications for many everyday products across a broad range of
industries, including Automotive, Electronics, Household, Construction,
Healthcare, Packaging and Toys/ Sports/ Leisure. In 2018, sales were at 5.4
billion euros. INEOS Styrolution employs approximately 3,500 people and operates
20 production sites in ten countries. |
