Joint Development Agreement Ineos Styrolution, Green Mantra to Advance Polystyrene Chemical Recycling
The efforts of both the specialised companies will enable the diversion of polystyrene waste from landfills by converting it back into valuable polymers and monomer building blocks. In addition to this, Green Mantra’s secondary product from the polystyrene depolymerisation process is expected to be evaluated for use as a raw material by Ineos Styrolution for its polystyrene resin production.
Ontario/Canada – Green Mantra and Ineos Styrolution have recently signed a Joint Development Agreement (JDA), which will align Green Mantra’s patented technology and Ineos Styrolution’s manufacturing infrastructure to convert waste polystyrene into chemical monomer building blocks that further advance the polystyrene circular economy by replacing a portion of virgin monomer feed in Ineos Styrolution’s polymerisation process.
This joint development agreement brings together a promising match between the chemical up-cycling technology patented by Green Mantra for plastic waste and the manufacturing expertise of Ineos Styrolution. The maturity of each company in its respective area of expertise will expedite the diversion of polystyrene waste from landfills by converting it back into valuable polymers and monomer building blocks; ultimately closing the loop into polystyrene resin, and extending value of this plastic resource. As a part of this partnership, Green Mantra’s secondary product from the polystyrene depolymerisation process will be evaluated for use as a raw material by Ineos Styrolution for its polystyrene resin production.
This agreement allows both companies to expand their efforts to advance the circular economy. Ineos Styrolution is expanding its portfolio of working with leaders in the chemical recycling industry, and Green Mantra continues to find new, innovative ways to apply its existing technology and divert plastic from landfills, while creating value-added performance polymers that serve a broad range of industries and applications. Ricardo Cuetos, VP Standard Products, Ineos Styrolution America, says, “We are excited to announce this JDA with Green Mantra as we continue to expand our partnerships with companies across North America. It is a pleasure to collaborate with a company that shares our commitment to pursuing a circular economy and keeping valuable polystyrene material from ending up in our oceans and landfills.”
Domenic Di Mondo, VP of Technology at Green Mantra adds, “As we launch our new technology to up-cycle waste polystyrene, we are delighted to work with Ineos Styrolution on applications for our secondary recycled styrene product. This exciting partnership aids both Ineos Styrolution in its goal of enhancing the sustainability of its products and Green Mantra in our mission to close the loop on waste PS by identifying value-creating outlets for our two product streams.”