UPM and BASF Cooperate on Recyclable Packaging
UPM and BASF are working together to help brand owners, converters and formulators make the transition to recyclable, fiber-based packaging solutions.
Chemical Recycling
Mitsubishi Chemical Group Launches Chemical Recycling Plant for Plastic-to-Oil Conversion
ENEOS and Mitsubishi Chemical have completed their chemical recycling facility at Mitsubishi Chemical’s Ibaraki Plant in Kamisu City, Ibaraki Prefecture, Japan.
PMMA as an Ideal Material for the Circular Economy
The versatile material polymethyl methacrylate (PMMA) is particularly impressive due to its durability and outstanding recyclability.
BASF Signs Offtake Agreement with Braven for Recycled Feedstock
BASF and Braven Environmental, a market leader in advanced recycling, have signed a supply agreement for Braven PyChem. This recycled feedstock, derived from mixed plastic waste, will partially replace fossil resources at the BASF TotalEnergies Petrochemical (BTP) facility in Port Arthur, Texas, US, the companies said. Under the agreement, Braven will supply BASF from a multi-unit facility that it plans to build in Texarkana, Texas.
LyondellBasell, Genox Open Plastics Recycling JV in China
Last week, LyondellBasell and Genox Recycling have opened their plastics recycling joint venture (JV) in Zhaoqing, Guangdong Province, China, which will operate under the name Guangdong Genox LyondellBasell New Material Co.
Novoloop and Aether Attain Continuous Operations of Pilot Plant
Novoloop, a plastic circular economy technology company, recently announced the successful startup of its pilot plant in India in collaboration with Aether Industries, a publicly listed specialty chemicals manufacturer.
Viridor Takes Full Ownership of Norwegian Chemical Recycler Quantafuel
UK-based recycling and waste management company Viridor has closed the acquisition of Norwegian chemical recycler Quantafuel as the Oslo Stock Exchange delisted Quantafuel’s shares from Euronext Growth on Feb. 7.
Borealis to Acquire Mechanical Recycler Integra Plastics
Olefins and polyolefins producer Borealis has signed an agreement to acquire Integra Plastics, a Bulgarian advanced mechanical recycling company. Closing of the transaction, for which no financial details were disclosed, is subject to customary regulatory approvals.
OMV and Wood Collaborate to License Chemical Recycling Technology
Austrian oil, gas and chemicals group OMV is collaborating with British engineering and consulting group Wood for the worldwide commercial licensing of OMV’s proprietary ReOil technology. The agreement follows a respective Memorandum of Understanding, that was signed between the two companies last year.
