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Carbios and Equipolymers partners in PET recycling

April 12/2021

MOSCOW (MRC) -- The Clermont-based company Carbios, a pioneer in the enzymatic recycling of plastic and textile polymers, has signed an agreement with Equipolymers which should host, at its site in Schkopau (Germany), a unit that will produce 40,000 tonnes of recycled PET each year, said Axelera.

In March, Carbios and Equipolymers, a subsidiary of Equate Petrochemical, signed a У  non-exclusive and non-binding agreement in the form of a Letter of Intent  Ф. If confirmed, Equipolymers, У  European leader in PET production  Ф, will host a unit at its Schkopau (Germany) site that will produce 40,000 tonnes of recycled PET each year using the enzymatic process developed by Carbios.

This agreement also provides for "  assistance in securing the sources of supply of PET waste for this unit  " which will enable Carbios to "  transform the plastics industry market and take full advantage of its global leadership in this industry  ". In addition, it will consolidate its model: the concession of operating licenses for its technologies and know-how and the sale of enzymes to its licensees who will build their own production units for recycled PET.

As MRC informed earlier, Equipolymers planned to carry out maintenance works at the polyethylene terephthalate (PET) plant in Schkopau (Sckhopau, Germany) in October. Neither the exact start and end dates of repair work at this enterprise, where two production lines with a capacity of 160,000 tonnes/year and 175,000 tonnes/year, were  reported.

According to MRC's ScanPlast, the estimated PET consumption in Russia in January 2021 increased by 3% compared to the same indicator a year earlier. In total, according to the results of the first month of the year in Russia, the total estimated consumption of PET amounted to 57,420 tonnes.

Equipolymers is a company dedicated to the manufacture and marketing of PET resins. The company is a 50/50 global joint venture of The Dow Chemical Company (Dow) and Petrochemical Industries Company (PIC), a wholly owned subsidiary of Kuwait Petroleum Corporation. Since its formation in 2004, Equipolymers has leveraged the unique strengths of its parent companies, Dow and PIC of Kuwait. Equipolymers is the preferred partner for brand-owners and other key value chain players in the PET market, through innovation-driven leadership and high-quality product standards. Equipolymers' production facilities are located in Ottana (Italy) and Schkopau (Germany).


mrcplast.com
Author:Anna Larionova
Tags:APET-granulate, PET-granulate, PET bottles, PET films, PET preforms, Equipolymers, recycling.
Category:General News
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