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INEOS manufacturing sites in Texas and California have been awarded ISCC PLUS certification

July 15/2021

MOSCOW (MRC) -- INEOS' manufacturing sites in Texas and California have been awarded ISCC PLUS certification from ISCC (International Sustainability & Carbon Certification), said Hydrocarbonprocessing.

This certification supports recent successful, commercial-scale trials of Advanced Recycling technology for the production of ethylene, propylene, High Density Polyethylene (HDPE) and Polypropylene (PP). Advanced Recycling converts waste plastic, which was destined for a landfill, back into a liquid raw material for use again in next generation plastic production. Also known as Chemical Recycling, this technology can be used for many types of plastic including mixed plastic waste streams that are normally difficult or impossible to process with traditional recycling.

The new technology enables plastics to be recycled back to a raw material stream and returned to the market as new product from recycled material. The product properties are identical to virgin plastics made from oil and gas. Advanced Recycling creates a closed-loop system for plastics management, helps reduce landfill, prevents plastic from ending up in the environment and reduces the use of fossil-fuel based raw materials.

Mike Nagle, CEO of INEOS Olefins & Polymers USA said, Plastic waste is an important problem that INEOS is committed to addressing. Using difficult-to-recycle waste streams as a new raw material is a step-change. This investment is beneficial to INEOS and our customers but also for the overall global issue of plastic waste and the management of essential plastic products. I applaud the team and the business for reaching this important milestone as part of our Circular Economy program."

INEOS is committed to contributing to a Circular Economy where materials are re-used and recycled to the maximum extent possible through both Mechanical and Advanced Recycling in a broad range of applications. INEOS Olefins & Polymer USA has received strong customer interest in polyethylene and polypropylene products derived from recycled plastics. The ISCC PLUS certification supports the success INEOS has achieved in the commercial-scale trial and lays the groundwork for INEOS commercial offering for a next generation of polymer products.

Phil Fusco, Vice President of Polymers for INEOS Olefins & Polymers USA said, The certification by ISCC continues the journey of building a sustainable business for the future with our customers, employees and neighbors. We are committed to the transparency and challenge that certification such as ISCC PLUS brings to our organization and our industry. The response to both this certification and our success in processing advanced recycled feedstocks from our high-density polyethylene and polypropylene customer base has been overwhelmingly positive. We now have Advanced Recycled HDPE and PP available for sale."

As per MRC, INEOS Chemicals Grangemouth, INEOS FPS and Petroineos, have signed a Memorandum of Understanding with the Acorn CCS Project to work together to develop Scotlands first carbon capture and storage system linking Scotlands industrial heartland to the Acorn CO2 transport and storage system in North East Scotland by 2027.

Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 744,130 tonnes in the first four month of 2021, up by 4% year on year. Shipments of all PE grades increased. At the same time, PP deliveries to the Russian market were 523,900 tonnes in January-April 2021, up by 55% year on year. Supply of homopolymer PP and PP block copolymers increased, whereas shipments of PP random copolymers decreased.

INEOS Group Limited is a privately owned multinational chemicals company consisting of 15 standalone business units, headquartered in Rolle, Switzerland and with its registered office in Lyndhurst, United Kingdom. It is the fourth largest chemicals company in the world measured by revenues (after BASF, Dow Chemical and LyondellBasell) and the largest privately owned company in the United Kingdom.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, PP, PE, neftegaz, petrochemistry, Ineos.
Category:General News
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