MOSCOW (MRC) -- Ineos has partnered with waste management company Saica Natur (Zaragoza, Spain) in a supply agreement for recycled low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE), said Chemweek.
The long-term agreement will help Ineos’ olefins and polymers (O&P) Europe business serve growing demand for increased levels of recycled product in sustainable, virgin polymer-quality flexible packaging, Ineos says. The company is expanding its Recycl-IN range of polymers to include flexible packaging solutions with more than 60% post-consumer recyclate (PCR), it says.
The partnership has enabled Ineos O&P to develop high-performance recycled PE resins to help meet the needs of converters, brand owners, and retailers to use more than 60% recycled plastics in applications such as stretch and lamination films, according to Ineos.
According to MRC's ScanPlast report, June estimated LDPE consumption in Russia grew to 55,260 tonnes from 45,490 tonnes a month earlier. Kazanorgsintez raised its PE output after a spring shutdown for a scheduled turnaround. Russia's estimated LDPE consumption rose to 291,270 tonnes in January-June 2020, up by 5% year on year. Russian producers raised their production, and LDPE imports also increased. June LLDPE shipments to the Russian market rose to 38,600 tonnes from 31,290 tonnes a month earlier, production increased. Russia;s overall LLDPE shipments totalled 191,700 tonnes in the first six months of 2020, down by 7% year on year. Production increased by 89% year on year, whereas exports grew by several times.
MRC