PETnology’s Post

Dow Acquires #Polyethylene Recycler Circulus Dow has signed an agreement to acquire US company Circulus, a recycler of #plasticwaste into post-consumer resin (PCR). The transaction includes two facilities, one in Ardmore, Oklahoma, and another in Arab, Alabama, with a total capacity of 50,000 metric tons per year. Dow expects the #transaction to close in the third quarter of 2024, subject to customary regulatory approval. Financial details of the transaction were not disclosed. "This acquisition will allow Dow to combine our company's industry leading materials science technology with Circulus' film recycling expertise to accelerate progress towards our 2030 Transform the Waste goal," said Karen S. Carter, Dow’s president, #Packaging & Specialty Plastics. The combination of Circulus Holdings, PBLLC' mechanical film recycling capability with Dow's expertise in materials science and high-performance #resins will allow the company to enhance its offerings in applications, such as collation shrink packaging, stretch film, liners and select food packaging, to a wider range of applications in the industrial, consumer, and transportation markets. Read more on #CMI online: https://lnkd.in/esPcw9FV

Neste, Borealis, and Covestro Partner on Innovative Tire Recycling Process♻️ Three European companies—Neste, Borealis, and Covestro—have announced a collaboration to recycle end-of-life tires into high-quality plastics for automotive applications. The process involves liquefying collected tires through pyrolysis, transforming the materials into base chemicals, and refining them into high-purity polycarbonates. These can be used in automotive components like headlamps and radiator grills. Guido Naberfeld of Covestro emphasizes the importance of cooperation in achieving circularity and highlights the potential of turning old tires into new car parts, supporting automotive customers with high-performance recycled materials. Neste oversees the pyrolysis process, Borealis processes the raw material into base chemicals, and Covestro uses these to produce polycarbonates. The recycled content will be verified through ISCC Plus certification. #CircularEconomy #pyrolisis #Polycarbonates #Sustainability https://zurl.co/QwJt

🤝 Dow is set to acquire Circulus Holdings, PBLLC, a leading North American #mechanicalrecycling company, of #plasticwaste into PCR, to propel progress towards the 2030 Transform the Waste goal. The acquisition includes two facilities in Ardmore, Oklahoma, and Arab, Alabama, with a total capacity of 50,000 metric tons per year. Expected to close in the third quarter of 2024, pending regulatory approval, this move will combine Dow's materials science technology with Circulus' film recycling expertise to meet the demand for higher-performing circular products. 🌯 This strategic acquisition will enable Dow to expand its offerings in applications like collation shrink packaging, stretch film, liners, and select food packaging across industrial, consumer, and transportation markets. By leveraging its expertise in high-performance resins with Circulus' mechanical film recycling capability, Dow aims to deliver enhanced value to customers while meeting the growing needs of brands and consumers. Green Future Search Limited #plasticrecycling #circulareconomy #mechanicalrecycling #acquisition

DOW TO BUY FLEXIBLE PLASTICS RECYCLER CIRCULUS Houston, 25 June (Argus) — US-based chemical producer Dow has agreed to acquire Oklahoma-based flexible plastics recycler Circulus, part of Dow's efforts to expand its recycled polymer offerings. Circulus has mechanical recycling facilities in Ardmore, Oklahoma, and Arab, Alabama, with a combined input capacity of 50,000 metric tons/yr (110mn lb/yr) of flexible polyethylene. The deal is expected to close in the third quarter, Dow said. Financial details were not disclosed. The acquisition marks Dow's first purchase of a recycling facility as the company seeks to produce 3mn t/yr of circular and renewable plastic by 2030. Dow said the purchase of Circulus will help enhance its offerings in applications such as shrink packaging, stretch film, and food packaging. Dow has previously been active in recycled polymers markets, partnering with WM in 2022 to collect residential film in a pilot program, and partnering with Closed Loop Partners to create a circular plastics fund. By Zach Kluver Copyright © 2024. Argus Media group. All rights reserved. Arturo Fernandez Reyes

“The launch of our MCR production line marks another significant stride in our journey towards achieving a circular economy and operational climate neutrality by 2035. Plastic waste recycling is pivotal in realizing this vision, and through the expansion of our recycled plastics production capacity, we aim to lead the way in driving sustainability across diverse industries.” - Sucheta Govil, Chief Commercial Officer, Covestro “These investments enable us to meet the rising demand for PCR polycarbonates, enhancing our capacity and efficiency. With new or repurposed capacity now operational, we are better positioned to assist our downstream customers in their journey towards more sustainable products, expediting the transformation of industries towards a circular and climate-neutral future,” said 王丽Lily Wang, Head of Covestro’s Business Entity Engineering Plastics. “In this way, we aim not only to meet the growing demand for polycarbonate in Asia, but also to offer our customers there an improved product quality,” said Dr. Nicolas Stoeckel, Head of Operations in the Business Entity Engineering Plastics. Markus Steilemann Thorsten Dreier Thomas Braig Holly Lei 雷焕丽 Lisa Ketelsen Dr. Andrea Maier-Richter Amita Trivedi Bapari Manish Kulkarni Monica Dsouza Ninad Dangre Niranjan Mudholkar Raymond Pinto Remya Nair Roopal Mishra Saikumar Shanmugam Sanjay Bhan Shruti Saini #covestro #polycarbonates #manufacturing #engineeringplastics Read more: https://lnkd.in/dfWU5y74

On November 29, 2023 Borealis announced that it had signed an agreement to acquire a 100 % stake in Integra Plastics AD, an advanced mechanical recycling player based in Elin Pelin, Bulgaria, subject to inter alia customary regulatory approvals. Today, the companies announce the successful closing of the transaction. #sustainablepackaging #recyclability #packaging #sustainability #circulareconomy #recycledmaterials #resourceefficiency #plastics

Your discussion is incomplete. There are thermal processes carried above 4.500°C and there are thermal processes carried below 450°C. Mixed plastics have an energy content of 39Mj/kg, totally capable of providing the energy for the lower temperature spectrum, but not capable of sustaining the high temperature processes autothermically. So its is the process temperature and the energy content of plastics that determine if the process is thermodynamically and economically feasible. The energy balance will tell.

It’s a wrap! ✔ Two days of inspiring dialogues at the Future of Chemical Recycling conference. Our #BlueAlp colleagues had an incredible experience connecting and sharing stories with key individuals across the plastics and chemicals industry. With polymer demand expected to increase to 500 million tons by 2030 as per McKinsey, our CEO, Valentijn de Neve, shed light on the growth forecast for the #chemicalrecycling industry, need for regulatory support, and the possibilities of collaboration across the value chain. He further emphasized on, what makes BlueAlp stand out, our ability to scale, and our drive to make plastics truly #circular. Overall, a great platform to drive the right conversations at what is a promising time for the chemical recycling industry. We look forward to a lot more this year! #BlueAlpTechnology #pyrolysis #circularplastics #chemicalrecycling #plasticrecycling #RecyclingConference #BlueAlpExperience #PlasticsIndustry #ChemicalRecycling #CircularEconomy #Collaboration

This partnership between Dow and Circulus is amazing! Firstly, the addition of 50,000 metric tons of annual recycling capacity is substantial. This will significantly boost Dow's ability to produce post-consumer resin (PCR), helping to meet the growing demand for recycled content in packaging and other applications. Plus, the combination of Dow's materials science expertise with Circulus' film recycling capabilities is particularly promising. This synergy has the potential to accelerate the development of higher-performing circular products. By improving the quality and performance of recycled materials, we can expand their use into more demanding applications, further reducing reliance on virgin plastics. Read more about the partnership here: https://lnkd.in/dAz4q9WR #recycle #sustainability #wastemanagement

Covestro and Encina reach an agreement 🤝 for a long-term supply of circular raw materials ♻️ Encina to supply Covestro with chemically recycled raw materials enabling circular MDI, TDI and polycarbonate starting at the end of 2027 Pioneering milestone for raw materials derived from end-of-life plastics Recycled feedstock reduces carbon footprint compared to fossil-based counterpart and Scope 3 emissions #polymers #plastics #elastomers #sustainability #netzero #polyurethane #petrochemicals