World Chemical News, Circular Economy , Recycle ,
Upcycle by chemwinfo
25 November 2021
INEOS Styrolution confirms its investment decision
for Europe’s first polystyrene advanced recycling pilot plant
Joint collaboration with Recycling Technologies, UK
Europe’s first advanced chemical
polystyrene recycling facility
is expected to be operational
in the second half of 2022
INEOS Styrolution, the global leader in styrenics,
has today confirmed its decision
to invest into a pilot plant
for advanced recycling of polystyrene.
The site will be set up in collaboration with
Recycling Technologies in Swindon, UK.
It is expected to be operational
in the second half of 2022.
The decision announced today is a significant step
forward launching polystyrene recycling
through depolymerisation technology.
Depolymerisation is an advanced recycling technology
that converts polystyrene waste feedstock
back into its main building block,
Styrene which can then be used
to manufacture new polystyrene
with identical properties to the virgin material.
The unique properties of polystyrene allow
this efficient monomer recycling process
to be harnessed avoiding the need to downcycle polystyrene.
An additional benefit of depolymerisation
is a significant decrease of greenhouse gas emissions
when compared with the production
of virgin polystyrene from naphtha.
The Swindon pilot plant will be based on
Recycling Technologies’
fluidised bed reactor technology,
which offers excellent scalability
making it the technology of choice
for future even larger recycling plants
Credit > Recycling Technologies
Credit > Chemical Recycling 101
12 July 2021
Cycle for sustainable plastics
Carbon-containing gases from steel production
as a source of raw materials
The objective is to explore
the use of carbon monoxide (CO)
from steel industry metallurgical gases
for the production of high-quality polycarbonates.
Covestro has now commissioned a mini-plant
for this purpose at its Dormagen site.
This is where it is tested whether
the quality of the CO from metallurgical gases
is sufficient for further processing.
The innovative process has great sustainability potential:
Initial life cycle analyses show
that around 0.48 kilograms of CO₂ equivalent
can be saved per kilogram of CO provided
in the steel industry-chemical industry alliance.
This means savings of more than 80 percent.
29 June 2021
BASF to build new battery recycling prototype plant
in Schwarzheide, Germany
Use of innovative technology
for extracting lithium, nickel, cobalt and manganese
from end-of-life lithium-ion batteries
and production scrap
Ensure start-up success for future commercial plants
to enable a circular economy
for the battery value chain
1 June 2021
We will be fully Circular by Covestro June 2021
>> Circular Economy – Closing the Loop
27 May 2021
IVL Acquisition of PET Recycling Assets in Texas, USA
Indorama Ventures Public Company Limited
would like to inform that in connection
with an auction conducted pursuant to
the authority of, and governed by
the rules established by,
the Bankruptcy Court in the District of Delaware, USA,
IVL has been selected as
the winning bidder
to acquire
the Recycled Polyethylene Terephthalate (rPET) assets of
CarbonLite Holdings LLC
and its subsidiaries in Texas, USA
(collectively referred to as “CarbonLite”).
CarbonLite is a significant rPET producer in USA
(currently under Chapter 11 of the United States
Bankruptcy Code) with long standing relationships
with major brands.
The assets to be acquired are located in
Dallas, Texas, USA with a combined capacity
of approx. 92 kilotons per annum, consisting of
48 kilotons of rPET pellets and
44 kilotons of flakes.
This proposed recycling acquisition opportunity
would facilitate IVL coming closer to
its rPET commitment of 750 kilotons per annum by 2025.
28 October 2020
_580.png)
Circulytics 2.0 launched
Introducing the new and improved version of
our award-winning circular economy
performance measurement tool.
In January this year, the The Ellen MacArthur Foundation
launched Circulytics —
the most comprehensive tool available for businesses
seeking to measure their circular economy performance.
Since then, more than 600 businesses globally
have signed up to complete a Circulytics assessment —
which has helped them create new strategies
for better growth by adopting
or further embedding circular practices.
One quarter of those businesses
have an annual revenue of more than USD 1 billion.
Earlier this month, Circulytics won
at the Responsible Business Awards 2020,
run by Reuters Events.
Link to The Ellen MacArthur Foundation
10 September 2020
The Ellen MacArthur Foundation launches report:
Financing the Circular Economy - Capturing the opportunity.
Leading investment managers and banks back
over USD 18 trillion in assets under management,
over 30 CEOs and senior executives
from leading asset managers and banks
are backing our latest research,
Financing the Circular Economy-
The endorsers* of the report include
BlackRock, Barclays, Citi, Credit Suisse,
the international business of Federated Hermes,
Lloyds Banking Group, ING, Intesa Sanpaolo,
JPMorgan Chase, Morgan Stanley, Rabobank,
The Ellen MacArthur Foundation works in
Education & Training, Business & Government,
Insight & Analysis, Systemic Initiatives
to accelerate the transition to a circular economy.
>>VISIT ELLEN MACARTHUR FOUNDATION
CREDITS :
WEBSITES OF LEADING CHEMICAL,
PETROCHEMICAL, OIL AND GAS COMPANIES
,WWW.SET.OR.TH,
WWW.BOI.GO.TH
AND LEADING ORGANIZATIONS
WWW.CHEMWINFO.COM BY KHUN PHICHAI