Plastics-recycling – Recycled-Polyolefin
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Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, today completed the acquisition of the wool spinning businesses in Italy and Poland of Tollegno 1900 S.p.A. (Tollegno 1900), a leading Italian manufacturer of fabrics and yarns, said the company.
Tollegno 1900 has a rich family-based heritage with more than 120 years of experience and is now one of the leading European textile groups with a total spinning capacity of around 3,500 tons of yarn per year with a specific focus on flat knitting and hand knitting yarns. With this acquisition, IVL secured two assets, including a spinning and top-dyeing operation in Poland and a yarn dyeing operation in Italy.
The acquisition is a strategic fit for IVL’s unique integrated business platform and will make a significant contribution to the sustainable growth of its Wool business, which is part of the company’s Fibers segment. It will also strengthen IVL’s footprint for worsted yarns in Europe and help extend IVL’s wool products globally with trading subsidiaries in America and Asia. Plastics-recycling – Recycled-Polyolefin
The operations, which will be renamed Filatura Tollegno 1900, will add more sustainable products to IVL’s portfolio, including a full traceability project of the fibers used for yarns and fabrics, as well as provide synergies with existing assets.
Mr. Giovanni Germanetti, the CEO of Tollegno, will continue in the same role with Filatura Tollegno 1900, facilitating continuity and exploring new growth as part of IVL. Mr. Lincoln Germanetti, the President and co-CEO of Tollegno, will remain with Filatura Tollegno 1900 as COO.
Versalis, Eni’s chemical company, and Forever Plast, an Italian company and European leader in the recycling of post-consumer plastics, have signed a new agreement as part of a project aimed at transforming the Porto Marghera industrial site.
The agreement, signed today by Versalis CEO Adriano Alfani and Forever Plast CEO Piersandro Arrighini, confirms the acquisition of an exclusive licence to build an advanced mechanical recycling unit for selected post-consumer plastics from waste sorting, in particular polystyrene and high-density polyethylene. The licence acquired from Forever Plast will expand Versalis’ product portfolio from recycled raw materials and will strengthen its leadership in Europe in the mechanical recycling of polystyrene for high value-added applications, including food packaging. Plastics-recycling – Recycled-Polyolefin
The plant, which is scheduled to go onstream in 2024, will be located in the available areas at the petrochemical site of Porto Marghera and will have a capacity of 50,000 tonnes a year of pre-sorted waste, from which it will produce recycled polymer compounds.
Today’s deal also includes an extension of the contract with Forever Plast, which will ensure the volumes required for the expansion of Versalis’ portfolio of recycled products and consolidate its current competitive advantage. In 2020 the company started a collaboration based on which new polystyrene compounds with up to 75% of recycled content, already available on the market under the Versalis Revive® brand, were developed for food packaging, thermal insulation and the electrical sector.
The development of a mechanical recycling hub for Versalis at Porto Marghera started in 2021 with the acquisition of the technology and facilities of Ecoplastic, which uses a pre-treated expanded polystyrene-based raw material as feedstock.
All activities related to the project, including the authorization process, are currently underway. Plastics-recycling – Recycled-Polyolefin
Belgian plastics firm Ravago has acquired UK recyclers Venture Polymers and Aurora Manufacturing for an undisclosed sum, said the company.
Cheshire-based Venture and Lancashire-based Aurora produce reprocessed PP and HDPE, with a joint 20,000 tonne capacity. Ravago said it intends to grow its operations further in the UK.
Manuel Gayo, Ravago Manufacturing Europe business director, said: “This is a key step in Ravago’s growth strategy in post-consumer recycling based compounds as we continue to support our customers with solutions to meet the ever-increasing demand for post-consumer recycled plastics.” Plastics-recycling – Recycled-Polyolefin
Alex Cook, Aurora Manufacturing managing director, said: “Following two decades of work within the UK plastics recycling industry we are pleased to announce the acquisition of our businesses into the Ravago group.
As per MRC, Neste and Ravago aim to establish a joint venture to build an industrial facility for chemical recycling in North Sea Port in Vlissingen, the Netherlands. The facility is intended to be the starting point of joint global chemical recycling (often also called “advanced recycling”) activities, built upon the advancement of the thermochemical liquefaction technology of US-based Alterra Energy, an innovative chemical recycling technology company.
As MRC reported earlier, Ravago Group has carried out routine maintenance at its expandable polystyrene (EPS) plant in Schkopau, Germany. Thus, the turnaround at this plant with a capacity of 70,000/tonnes of EPS per year began on April 20, 2021, and was completed on April 28. Thus, the maintenance works at this plant lasted for one week.
Ravago represents more than 6.6 million metric tons of annual polymer sales, serving more than 50,000 active customers through more than 325 locations across more than 55 countries worldwide.
Sidel, a leading global provider of packaging solutions, is inviting customers to meet its experts at Munich’s drinktec 2022 (12-16 September) to discuss industry challenges and discover the packaging solutions of the future. drinktec is a world-leading beverage and liquid food industry trade show. Visitors to Sidel’s booth 339 (hall A6), will be guided through a unique experience. Plastics-recycling – Recycled-Polyolefin
The stand showcases advanced systems and services, line engineering, and digital and eco-solutions, including aseptic production, sustainability, packaging optimisation and holistic turnkey solutions.
An immersive experience, with advanced multimedia illustrating the latest packaging equipment and processes, the stand is designed to engage all the senses.
Ko Hoepman, Executive Vice President – Portfolio, Innovation & Marketing at Sidel, said:
“We will be renewing and building relationships and demonstrating the very best of our offer as a trusted, reliable partner. We are confident that our superior performance and technological expertise will help our customers meet the challenges of the future.”
Sidel will demonstrate its key expertise in:
Top-class digital solutions enabling customers to face challenges, and reach peak production performance without compromising operational costs, product quality or environmental impact. The Evo-ON® software suite offers powerful cloud computing and data analytic technologies.
Eco-friendly packaging alternatives, from 100% recycled PET (rPET) and light-weighted primary packaging with tethered caps, to optimised secondary and tertiary packaging alternatives.
With 47 years’ experience in aseptic packaging equipment technology, Sidel will be premiering a new development.
Complete line solutions
Sidel has expertise and a comprehensive portfolio of services in every related field including line concept, engineering, line control and automation, packaging technologies and equipment. Plastics-recycling – Recycled-Polyolefin
ndia will only withdraw its windfall tax introduced last week for oil producers and refiners if global prices of crude fall as much as USD40 a barrel from present levels, said Hydrocarbonprocessing, citing Revenue Secretary Tarun Bajaj.
The tax on firms that have increased product exports to gain from higher overseas margins took effect on July 1, as the government moves to boost domestic supply and revenue. Plastics-recycling – Recycled-Polyolefin
The taxes, and some accompanying export curbs, will hit the earnings of companies such as Reliance Industries, Nayara Energy, which is partly owned by Russia’s Rosneft , the Oil and Natural Gas Corp, Oil India Ltd and Vedanta Ltd.
“The taxation would be reviewed every 15 days,” Bajaj said, adding that it would depend on international crude prices. “If crude prices fall, then windfall gains will cease and windfall taxes would also be removed.”
The government believes such windfall gains will cease once prices fall $40 from existing levels, Bajaj said.
Brent crude futures slipped on Monday to about USD111.27 a barrel, as fears of a global recession weighed on the market even as supply remains tight amid lower OPEC output, unrest in Libya and sanctions on Russia.
U.S. West Texas Intermediate crude futures were at USD108.09 a barrel. Bajaj did not provide any estimate of the revenue increase for the government from its windfall tax move.
As per MRC, TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire a 25% interest in Adani New Industries Ltd. (ANIL). ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialisation of green hydrogen in India. Plastics-recycling – Recycled-Polyolefin
Trinseo and GMP Group have announced their plans to build a plant that will produce recycled food-contact polystyrene material.
Trinseo and GMP’s collaboration aims at providing a framework for cooperation, on an exclusive basis, on the construction and operation by GMP of an advanced pretreatment or regeneration plant with a minimum 25kt capacity in the Netherlands.
The plant will purify PS waste and deliver high-quality recycled PS pellets via the “Super Clean” recycling process. The anticipated startup date of the plant in the Netherlands is 2024. There is also an intended execution of a long-term tolling and off-taking agreement.
“The Trinseo–GMP collaboration is yet another important move toward helping our customers reach their sustainability goals and closing the loop for a circular economy, and both companies realize that the most successful way to do this is through synergy along the value chain,” said Nicolas Joly, Trinseo’s senior vice president for plastics and feedstocks. Plastics-recycling – Recycled-Polyolefin
Gerard Putman, general director of GMP Group, adds: “This partnership is an essential step forward in our strategies contributing to a healthier world and increased sustainability. Every day, we look for circular business innovations like valuing plastic waste by recycling it into new resources. Together with Trinseo, we can now develop, build, and operate a state-of-the-art recycling plant in Europe.
Recycling is increasingly regarded as the new frontier in the battery revolution — crucial to filling future metal supply gaps, to reducing the environmental footprint associated with electric vehicles (EVs), and to the energy transition more widely. As companies and regulators get to grips with the numerous challenges involved in building the infrastructure for commercial scale battery recycling, it remains to be seen how processes will evolve and what the future holds for battery scrap materials as commodities. Argus spoke with France’s Veolia head of EV battery recycling, Emeric Malefant, about some of the key developments and opportunities in battery recycling.
How do you secure black mass and spent battery materials and how do you work out the component value of it? Plastics-recycling – Recycled-Polyolefin
We are working closely with our partners to close the loop in their supply chain, to comply with future regulations and to develop a secure and local supply of raw materials.
We have developed specific end-of-life battery management services to help our customers solve some of their key challenges — jointly developing pre-recycling services, such as battery reuse or eco-design, complying with changing regulations that will require high recycling rates and the inclusion of recycled content in the production of new batteries in Europe by 2030, increasing self-sufficiency and autonomy by strengthening the circularity of strategic metals, and leveraging our 50 years of experience in hazardous waste management and more than 10 years in battery recycling to develop and operate specific processes that ensure operator safety.
Currently, we mostly work directly with battery waste, whether it is production waste from gigafactories or end-of-life batteries from OEMs. We may also process black mass from third parties in the near future. This is possible thanks to all the types of battery technologies available on the market, and thanks to Veolia’s expertise and know-how on the whole recycling process — first of all on the mechanical processes of discharge, disassembly and crushing until the black mass is extracted, then on the chemical processes hydrometallurgical, for the extraction and purification of metals from the black mass. Finally, we are working with our partners to adapt our products so that they can be reintegrated into the production process of new batteries. For this last step, we can count on our partner Solvay. Plastics-recycling – Recycled-Polyolefin
The eco-friendly grade of Milastomer thermoplastic vulcanizate (TPV) has applications in automotive and building and construction. Plastics-recycling – Recycled-Polyolefin
Mitsui Chemicals has developed an environment-friendly grade of Milastomer thermoplastic vulcanizate (TPV) that employs recycled polyolefin as a principal component. Samples of the new grade are already being sent out to customers.
The TPV builds on the material science capabilities of the Mitsui Chemicals Group (MCI Group), tapping into quality control and other know-how that has been developed through the production of compounds. Leveraging these resources has allowed Mitsui Chemicals to succeed in switching the polyolefin component to a recycled material, reducing CO2 emissions and the overall burden on the environment without compromising performance compared with the original virgin-resin-based product.
Milastomer is currently used primarily in automotive (door trim, weather seals, mudguards) and building and construction (architectural gaskets and drainpipe hoses/fittings), as well as in everyday goods such as toothbrush grips. In adding the Eco Series to the product range, Mitsui Chemicals aims not only to offer an environmentally friendly option for use in these existing areas, but also to step up the development of new applications for Milastomer.
A flexible plastic available in a wide range of hardness grades, Milastomer reportedly offers outstanding heat resistance, light weight, and low density when compared to other flexible resins. Its principal components are rubber and a polyolefin or other such plastic material.
The MCI Group manufactures the main components of Milastomer — EPDM and polyolefins — internally and can design formulations, as needed. Further, digital transformation technology being introduced by Mitsui Chemicals will eventually ensure the traceability of the recycled material itself.
High-quality recycled materials are vital to ensure that the properties of the Eco Series consistently meet certain standards. However, to encourage the use of recycled materials throughout society, it is also important to broaden the scope of recycled materials that can be used, thereby increasing the volume available. By leveraging digital transformation to ensure the traceability of recycled materials, Mitsui Chemicals intends to guarantee the quality of these materials, while also expanding the range of applications for which recycled materials can be used. Plastics-recycling – Recycled-Polyolefin
Plastics-recycling – Recycled-Polyolefin