R-PET – Circular polymers 02-02-2023 - Arhive
R-PET – Circular polymers
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-SIBUR ceased to be a co-owner of the Italian Manucor
SIBUR has ceased to be a co-owner of the Italian manufacturer of BOPP film Manucor S.p.A., follows from the materials of the Italian company, according to Vedomosti.
Manucor indicates that the agreement was completed on January 16, as a result of which Biaxplen, a member of SIBUR, withdrew from its shareholders.
The owner of 5% of Manucor was the company L&M S.p.A., specially created by the head of Manucor Luigi Scagliotti and the chairman of the board of directors of the company Matteo Rossini. Another shareholder, Loren SPV S.r.l., increased its stake to 95%. The amount of the transaction is not specified.
SIBUR acquired 50% of Manucor, which is one of the leading BOPP film manufacturers in the EU, in 2019.
Manucor explains that the deal was carried out in connection with geopolitical tensions related to military operations in Ukraine.
Earlier it was reported that in the autumn of last year, Biaxplen (part of SIBUR Holding) began developing new types of BOPP films (biaxially-oriented films made of polypropylene) in order to meet the changing needs of customers.
Also, Biaxplen modernized the extrusion lines produced by the German Bruckner, designed for the production of biaxially-oriented film (BOPP film).
Manucor was established in 1987. Until 2008, it was called Manulifilm S.p.A. The company owns a plant in Italy with a capacity of 100 thousand tons per year.
Biaxplen is a leading manufacturer of biaxially oriented films (BOPP) in Russia.
-Recyclable materials for cars with additive specialties from Evonik
- Evonik supports BMW’s “Future Sustainable Car Materials (FSCM)” project with its plastics specialty chemicals expertise
- Consortium of top-class industrial and scientific partners pools know-how for circular solutions in vehicle production
- German Federal Ministry for Economic Affairs and Climate Protection (BMWK) supports the project
A consortium of 19 leading industrial companies and research institutes, including the BMW Group, Evonik, Thyssenkrupp, the Fraunhofer Institute, and the Technical University of Munich, has set itself the goal of developing new processes for using sustainable materials for circular automotive production. Evonik is contributing its expertise in plastics and additives for recycling to the project. The project, which is funded for three years by the German Federal Ministry of Economics and Climate Protection (BMWK), was launched at the end of last year.
-Shinkong and Mitsubishi plan to increase R-PET capacity in Taiwan
Thai Shinkong Industry Corporation (TSIC), which is a joint venture between Taiwan’s Shinkong and Japan’s Mitsubishi, will hike the nameplate capacity of its recycled polyethylene terephthalate (R-PET) facility in Thailand, said the company.
As more customers and business partners have expressed buying interest for the materials, TSIC increased output to 140,000 tonnes/year from the initially planned 70,000 tonnes/year. R-PET – Circular polymers
The plant will use the Uhde Inventa-Fischer (UIF) flakes-to-resin (FTR) technology to use R-PET flakes, combined with purified terephthalic acid (PTA) and mono-ethylene glycol (MEG) to produce chemically recycled R-PET pellets.
Previously encountering delays due to the surge of COVID-19 cases in Thailand in the past years, the facility is expected to commence production by end-February to April.
Although the facility will not directly compete for post-consumer bales from the local market, it will secure R-PET flakes which would indirectly hike demand for bales.
We remind, Mitsubishi Chemical Group Corporation announced the start of labormanagement consultation on cessation of the production of methacrylates (MMA) at Mitsubishi Chemical UK’s Cassel, said the company. Site, and announced today that its Corporate Executive Officers Committee resolved in the day to cease the production of methacrylates at its Cassel Site subject to completion of the labor-management consultation. R-PET – Circular polymers
-Prices under pressure from weak demand and lower costs
In December, European standard thermoplastic prices declined across the board as a result of lower feedstock costs and weak demand. The already weak demand picture was further exacerbated by the short production month and converters reducing stock levels prior to preparation of the end-of-year balance sheet.
Polyethylene prices fell in line with the €25/tonne reductions in the ethylene reference price. Polypropylene prices were down by just less than the €30/tonne reduction in the propylene reference price. Base PVC prices fell for the eighth month in a row with a reduction of €60/tonne. Polystyrene prices saw a triple-digit reduction following the €132/tonne fall in the styrene monomer reference price.
PET prices declined by a mere €20/tonne as producers’ efforts to reduce stock levels appeared at last to be paying off. R-PET – Circular polymers
-Alpla PET recycling joint venture successfully started up
Romanian facility supplies 18,000 tonnes of rPET per year
After a construction time of nine months and investment of around 7.5 million euros, Austrian plastics manufacturer and recycler Alpla, together with its partners Ecohelp SRL (Romania) and United Polymer Trading AG (Switzerland), have started production at their joint recycling plant in Targu Mures, Romania. The plant, located adjacent to the existing Ecohelp site in Targu Mures, has an annual capacity of around 18,000 tonnes of post-consumer-recycled PET (rPET) per year and aims to supply the southeast European market with food-grade rPET. The project has led to the creation of around 20 new jobs.
The joint venture partners will host the official opening ceremony on 4 May 2023.
“The growing importance of local recycling processes calls for increased commitment in the region. Together with our partners, we combine strengths, increase the processing quality of the recycled PET material and ensure the long-term supply of the southeast European market,’ said Georg Lässer, Director Business Development, Procurement and Sales Recycling at Alpla. R-PET – Circular polymers
With the first rPET extrusion line in operation, already, the potential for expansion is being explored, as the plant has space for a second extrusion line, which would double capacity.
The present joint venture was established in autumn 2021, with each partner bringing to the venture their own specific skill set. Alpla is contributing its many years of expertise as a global recycling specialist and packaging manufacturer to the partnership; in the case of United Polymer Trading (UPT), the endeavour is benefitting from that company’s extensive distribution network for plastics and recycled material. Locally-based Ecohelp supplies the input material in the form of recycled PET flakes from PET bottles from household waste. The food-grade rPET granulate obtained from this process then serves as the starting material for new preforms and bottles.
The facility fills a gap in the market for high-quality recycled material in Romania and neighbouring countries, according to Mihail Moloiu, General Manager at PET Recycling Team Targu Mures. In addition, the new recycling plant has created around 20 new jobs.
Alpla is investing 50 million euros a year until 2025 in the ongoing expansion of its recycling activities and promotion of complete recycling in as many parts of the world as possible. In total, the annual production capacity of Alpla’s recycling companies and collaborations around the world amounts to approximately 203,000 tonnes of rPET and 74,000 tonnes of rHDPE. R-PET – Circular polymers
-Rising emphasis on single-use plastics management and recycling activities to increase circular polymers demand
Global circular polymers industry is expected to be valued at around $8 billion by 2032, according to estimates from a Global Market Insights Inc. report
Circular systems market is gaining massive attention with businesses across the globe seeking to solve the plastic conundrum and limit the use of synthetic polymers with serious environmental impacts. The popularity of recycled or circular polymers is further slated to increase, considering the strong global focus on curbing the usage of single-use plastics. R-PET – Circular polymers
Additionally, there has been increased spending on plastic recycling plants globally. For instance, in October 2021, Trex announced an investment of $400 million in a polyethylene (PE) recycling and production site at the Little Rock Port. Initiatives such as these could bolster the productivity of circular economy polymers developers.
Increasing acceptance for sustainable agriculture and packaging approaches may boost interest in circular polymer solutions
Plastics have become an indispensable part of industries like agriculture to reduce crop loss and enhance production, among other applications. Agricultural plastics are, however, emerging as a threat to environmental sustainability. These factors are stimulating the adoption of eco-friendly alternatives, such as circular polymer materials, in the agricultural sector. Based on data from Global Market Insights Inc., the agriculture segment accounted for above 10% of the circular polymers industry share in 2021.
Apart from agriculture, the packaging industry is one of the major end-users of recycled polymers. For example, The Coca-Cola Company has committed to making all plastic bottles reusable, recyclable, and compostable by 2025. Furthermore, there has been a shifting consumer preference, with sustainable packaging emerging as a vital part of shopping experiences. R-PET – Circular polymers
Based on a Drapers’ report, 64% of UK consumers are more likely to purchase goods from retailers that offer sustainable packaging. Moreover, 50% of the consumers are willing to pay more for this type of packaging. Factors like these could bolster the use of quality circular polymers for packaging applications.
Circular polymers to gain traction amid a potential increase in polyethylene and auto parts recycling in Europe
Regions like Europe have the potential to expand the recycling capabilities of polymers such as polyethylene. Plastics Recyclers Europe, for example, has observed great potential in recycling PE, which is one of the most processed plastics at over 9 million tons per year in the EU. With the increasing expenditure on packaging solutions due to the booming e-commerce, the recycling rate of polymers could increase, generating a favorable outlook for the circular polymers industry.
Meanwhile, Schumacher Packaging Group has announced plans to invest nearly $736 million between 2021 and 2025, with over $315.4 million earmarked for investment in Germany alone, which could contribute to the rising popularity of circular polymers as a packaging material. Several EU legislations have also emphasized the use of recycled auto parts as a sustainability solution in the region. With over 65 million new cars being sold per year worldwide, reusing and recycling plastic auto parts has become an important element in the fight against pollution, thus bolstering the circular polymers market outlook. R-PET – Circular polymers
-NexKemia acquires Quebec-based polystyrene recycler Eco-Captation
Canada-based expandable polystyrene manufacturer NexKemia has finalized the purchase of Eco-Captation, a prominent polystyrene waste collection and recycling company in Prévost, Quebec.
Eco-Captation is a recycler of polystyrene wastes in Quebec and has a special focus on post-consumer recycled materials. R-PET – Circular polymers
The company combines artificial intelligence-enhanced optical sorting technology with a seamless mechanical recycling process to convert plastic waste into high-quality raw materials made with post-consumer recycled material.
“We are proud to be welcoming Eco-Captation into the Integreon family, and look forward to growing as we learn from their substantial recycling expertise,” says Maurice Barakat, president and chairman of Integreon Global. “We are excited to employ technology to reduce the carbon footprint of the packaging and insulation solutions developed for customers.”
For NexKemia, Eco-Captation will become an integral part of developing an end-to-end circular model for EPS solutions.
“Scaling up Eco-Captation’s technologies will allow NexKemia to rapidly grow our capacity for sustainable expandable polystyrene (EPS) solutions that incorporate a significant percentage of post-consumer recycled material,” says Pierre Beaudry, general manager of NexKemia. R-PET – Circular polymers
The agreement represents another step for NexKemia as a mechanical recycling hub. The products resulting from the Eco-Captation acquisition will be used by NexKemia and its parent company, Integreon Global, in day-to-day applications where sustainability and circularity elements are essential, including high-performance cold chain packaging solutions and construction material.
R-PET – Circular polymers