MOSCOW (MRC) -- Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, announces its participation as a founding member and funding partner of the Polypropylene Recycling Coalition, a new initiative of The Recycling Partnership, said the company.
Braskem's collaboration within the Polypropylene Recycling Coalition will focus on increasing curbside recycling access for polypropylene (PP) to ensure this critical packaging material is widely recovered and reused in end-markets including food and beverage packaging, consumer products and automotive parts.
Geoffrey Inch, Braskem's North America Sustainability Director, states, "As the North American leader in polypropylene, Braskem is committed to strengthening the recycling and circularity of polypropylene. In addition to a financial commitment, Braskem is also bringing our technical expertise and market knowledge to drive necessary improvements in the U.S. recycling infrastructure for recovering polypropylene. Polypropylene is used in many vital applications that contribute to a sustainable and healthy life, and Braskem's collaboration with The Recycling Partnership is an essential step to ensuring PP recyclability for the clients and brand owners we serve."
In a announcement from The Recycling Partnership, Keefe Harrison, CEO, stated, "Together, we can stimulate a system-wide shift to increase the capture of polypropylene and demand of recycled content. We encourage all companies that utilize polypropylene to be part of the solution. The work of the Polypropylene Recycling Coalition to improve and increase the recovery of polypropylene will support jobs, preserve natural resources, and help build a circular economy in the United States."
The primary focus of the Polypropylene Recycling Coalition will be to achieve the same high levels of recycling for polypropylene (PP) as other plastics like polyethylene terephthalate (PET) and high-density polyethylene (HDPE).
In addition to the founding members of the Coalition like Braskem, there will also be an advisory committee of aligned organizations including Association of Plastic Recyclers, Closed Loop Partners, Sidewalk Infrastructure Partners, Sustainable Packaging Coalition, and World Wildlife Fund. Former EPA Administrator Carol Browner will serve as an independent advisor to the Coalition.
Earlier it was reported that the structure of Braskem Idesa polyethylene (PE) sales by destination over the past twelve months has changed due to sales in Asia. Total sales in the first quarter of 2020 were up 2% compared to the same quarter last year, but sales to Asia accounted for only 13% of sales made in the same period in 2019.
According to MRC DataScope, imports of PE to Russia decreased by 7% in January-June this year and reached 328,000 tonnes. The largest decrease in external supplies fell on high-density polyethylene (HDPE).
Braskem is a Brazilian petrochemical company headquartered in Sao Paulo. The company is the largest petrochemical company in South America and the fifth largest in the world in terms of production.
MRC