Plastic Compound Oil Chemical recycling is it environmentally friendly? The oil cut will put price up 04-07-2023
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-Envision Plastics to expand EcoPrime manufacturing capacity
The plastic recycler is investing to expand its fit-for-food contact PCR resin capacity by up to 50 percent. Plastic Compound Oil
Recycled resin manufacturer Envision Plastics is investing to increase its EcoPrime manufacturing capacity, furthering its efforts in being a market leader in fit-for-food contact postconsumer recycled (PCR) polyethylene resin.
While exact figures were not disclosed, the Reidsville, North Carolina-based company says the project is a “multimillion-dollar expansion” that will increase the capacity of its EcoPrime line—its flagship product—by up to 50 percent. Plastic Compound Oil
“This is significant growth and supports our goal of leading the industry as the preferred supplier of fit-for-food contact HDPE [high-density polyethylene] PCR,” says Roberto Fontanillas, vice president and general manager at Envision.
“We have been bringing unique solutions to the market since we started in 2001, including EcoPrime, Prisma, OceanBound and fit-for-food contact polypropylene PCR.”
EcoPrime is Envision’s curbside-collected recycled HDPE PCR resin that has been authorized by the U.S. Plastic Compound Oil
Food and Drug Administration as fit for direct contact with food and beverages up to 100 percent PCR content. The product has earned letters of no objection (LNO) from the FDA and Health Canada and can be used in direct food contact in applications including rigid bottles, blown film and caps and closures.
“As we continue to expand, we can better support the growing need to meet legislative requirements, sustainability commitments and consumer demands for PCR,” Fontanillas says. Plastic Compound Oil
Envision currently produces EcoPrime in two plants—Chino, California, and its hometown of Reidsville.
The company says the investment also will allow it to grow its fit-for-food contact PCR polypropylene business for which it has received LNOs from both the FDA and Health Canada.
“This expansion of our market-leading solution … is made possible by our customers with long-term contractual commitments who enjoy the peace of mind of security of supply,” Fontanillas says. “We are grateful to these customers and proud to be able to continue to service those commitments as we also take on new customers and continue to make investments to meet demand and, ultimately, help our customers and the industry achieve sustainability goals.” Plastic Compound Oil
-Borealis is further enhancing its circularity portfolio by acquiring Rialti S.p.A., a prominent producer of mechanically recycled polypropylene (PP) compounds for injection molding and extrusion in Europe
This strategic move underscores Borealis’ strong commitment to transitioning towards a circular economy.
Borealis initially demonstrated its dedication to sustainability in 2016 when it became the first raw materials producer to enter the recycling sector through the acquisition of mtm plastics, a mechanical recycler. This was followed by the purchase of Ecoplast in 2018, solidifying the company’s commitment to circularity. Plastic Compound Oil
With the addition of Rialti, Borealis will gain an additional 50,000 tonnes of recycled compounding capacity, enabling the company to meet the increasing demand for sustainable solutions from its customers. This investment also highlights Borealis’ support for the EverMinds platform, a dedicated initiative that unifies various Borealis activities and endeavors aimed at promoting circularity in plastics.
Rialti, located in Varese, Italy, has been actively involved in recycling for over three decades. Plastic Compound Oil
The company specializes in producing PP compounds derived from mechanically recycled PP feedstock sourced from post-industrial and post-consumer waste. These compounds find applications across industries such as automotive, appliances, and construction.
Lucrèce Foufopoulos, Borealis Executive Vice President of Polyolefins, Innovation & Technology, and Circular Economy Solutions, expressed that the addition of Rialti to their portfolio will broaden their circular offering and strengthen their ability to assist customers in achieving their sustainability goals. Borealis remains committed to reinventing essential aspects of sustainable living. Plastic Compound Oil
The completion of this transaction is contingent upon customary regulatory approvals.
Borealis, headquartered in Vienna, Austria, operates in more than 120 countries and employs 7,600 individuals. The company’s shares are predominantly owned by OMV, an Austria-based international oil and gas company, holding 75%, while the remaining 25% is owned by Abu Dhabi National Oil Company (ADNOC) based in the United Arab Emirates (UAE). In 2018, Borealis launched the EverMinds platform as a means to drive progress and accelerate the transition to a circular economy, as well as to foster a broader understanding and acceptance of plastic circularity.
-Nbond, in collaboration with Lenzing, has introduced a range of flushable femcare products that utilize wood-based Veocel lyocell fibers
This strategic partnership aims to promote the application of these fibers in various nonwoven products, including moist toilet tissue, feminine hygiene products, and personal hygiene items. Nbond is the pioneering company to incorporate these lyocell fibers into flushable femcare products. Plastic Compound Oil
Lenzing and Nbond have been working closely together for over ten years, and this new partnership marks a significant milestone for both companies as they continue to lead the sustainable development of the industry.
Steven Tsai, Lenzing’s senior regional commercial director for nonwovens in Asia, expressed enthusiasm for this collaboration. Plastic Compound Oil
In the Chinese and Asia-Pacific markets, Nbond has collaborated with well-known household brands like Kimberly-Clark, Vinda, and BabyCare to develop flushable products. By integrating dispersible Veocel lyocell fibers into their nonwoven fabrics, Nbond ensures the strength and flushability of their products in wet conditions, enhancing the user experience. These products, including moist toilet tissues, sanitary napkins, and other personal hygiene items, comply with the G4 guidelines and the National Standards of China for flushability of nonwoven materials, decomposing easily after being immersed in water. Plastic Compound Oil
Lenzing provides technical support and consultancy services to Nbond, enabling continuous optimization of wetness, strength, thickness, safety, and sustainability in nonwoven fabrics. This collaboration has resulted in a robust portfolio of flushable products that prioritize comfort and care.
-The report released by impact organization Circle Economy reveals that since the adoption of the 2015 Paris Agreement, the global economy has consumed over half a trillion tonnes of virgin materials, exacerbating the climate crisis
The report emphasizes that world leaders are failing to capitalize on the opportunity to significantly reduce emissions by implementing circular economy strategies that decrease the demand for resources. It outlines a roadmap that could aid in achieving the target of limiting global warming to 1.5°C. Plastic Compound Oil
Circular economy solutions have the potential to make a substantial impact on climate change since approximately 70% of greenhouse gas emissions stem from the production and use of various products, ranging from buildings and transportation to food and clothing. However, the climate pledges made by nations primarily focus on reducing emissions by decreasing the usage of fossil fuels, with minimal attention given to resource extraction and consumption rates. Merely one-third of the pledges mention the circular economy.
The report cautions that the global economy is currently consuming 70% more virgin materials than the planet can sustainably replenish. Annual resource use surpassed 100 billion tonnes in 2019, up from 89.8 billion tonnes in 2016, and is estimated to have reached 101.4 billion tonnes last year. Shockingly, over 90% of the resources we extract from the Earth to meet our needs are wasted, leaving only 8.6% of materials being recycled. Plastic Compound Oil
Martijn Lopes Cardozo, CEO of Circle Economy, highlights the perilous consequences of our insatiable demand for resources and disposable economy. He calls on leaders from government, business, and civil society to prioritize circular solutions on the global agenda, ensuring their prominence as countries update their climate pledges in preparation for COP27 in Egypt.
At the COP26 summit in Glasgow, world leaders pledged to limit climate change to 1.5°C. However, the current set of commitments still puts the world on track for a temperature increase of 2.4°C. Plastic Compound Oil
To achieve the 1.5°C target, an additional 19-23 billion tonnes of annual emissions must be reduced by 2030, according to the Climate Action Tracker.
Circle Economy has identified 21 solutions that, if adopted worldwide, could bridge this emissions gap and cut 22.8 billion tonnes of emissions in addition to current commitments. These solutions provide a roadmap for nations, cities, and businesses to reduce emissions by minimizing the use of virgin materials such as minerals, ores, fossil fuels, metals, and biomass. Each entity can adapt these strategies to their specific context.
The proposed solutions aim to transform the linear “take-make-waste” economy into a more sustainable model. They include strategies such as resource-efficient building construction using lightweight designs and local materials, which could save 3.45 billion tonnes of emissions and 4.05 billion tonnes of materials. Plastic Compound Oil
Additionally, refurbishing and renovating buildings to extend their lifespan could save 2.15 billion tonnes of emissions and 5.28 billion tonnes of materials. Other solutions involve utilizing seasonal and locally sourced food for sustainable production, which could save 2.07 billion tonnes of emissions and 3.4 billion tonnes of materials. Furthermore, using recycled metal and plastics in vehicle manufacturing, as well as recycling end-of-life vehicles, could save 1.5 billion tonnes of emissions and 3.33 billion tonnes of materials.
Frans van Houten, CEO of Royal Philips and Co-Chair of the Platform for Accelerating the Circular Economy, stresses the urgency of the situation and the need for immediate action. By implementing the circular solutions outlined in the report, the use of scarce materials can be reduced, leading to a significant reduction in emissions and a fight against climate change and biodiversity loss. Plastic Compound Oil
Van Houten calls upon CEOs, business leaders, governments, and NGOs to collaborate and intensify their efforts, aiming to double circularity within the next decade.
Over the past 50 years, global material consumption has more than tripled. The Club of Rome predicted in 1972, through its landmark report Limits to Growth, that rapid economic growth and resource exploitation would result in the “collapse of civilization” by 2040. In 1972, 28.6 billion tonnes of materials were extracted globally.
By 2000, that number had risen to 54.9 billion tonnes, reaching 101.6 billion tonnes in 2019. Plastic Compound Oil
With the global population projected to surpass 10 billion in the second half of this century, resource use and emissions are expected to continue growing unless radical action is taken. If current trends persist, material use is predicted to reach 170-184 billion tonnes per year by 2050. For instance, it is estimated that the area covered by buildings will nearly double in the next 40 years, equivalent to constructing a city the size of Paris every week.
While the circular economy has gained recognition in governmental and multilateral policies and goals, such as the EU Circular Economy Action Plan and the UN Sustainable Development Goals, the focus often remains narrow, primarily emphasizing recycling with limited acknowledgment of its role in reducing emissions. Additionally, an overemphasis on material efficiency rather than consumption reduction has hindered progress. Despite being at the forefront of material efficiency gains, the Netherlands has yet to observe a significant decline in its natural resource consumption. Plastic Compound Oil
The report underscores the need for urgent and large-scale actions from all sectors of society to transition to a fully circular economy within a generation. National and local governments should provide guidance and create enabling conditions, consumers should make choices that promote circularity, and businesses must fundamentally redesign their processes.