Germany: Polystyrene Ineos Styrolution Ties Up with European Waste Management Company
Ineos Styrolution has collaborated with Indaver with an aim to recycle polystyrene and create valuable resources. Indaver is also in the process of developing a demo-installation which is expected to have a recycling capacity of 15,000 tonnes per year.
Frankfurt/Germany – Ineos Styrolution, the global leader in styrenics, has recently collaborated with Indaver, a European waste management company with large-scale treatment facilities in the port of Antwerp. The move is expected to drive the ‘chemical recycling’ concept forward for polystyrene in the European region.
The collaboration between the two companies aims at recycling polystyrene by converting post-consumer waste in to valuable resources. It will benefit from Indaver’s intense testing of their depolymerisation and purification process. Indaver also has plans to set up Plastics2Chemicals, a demo-installation in the port of Antwerp, with a recycling capacity of 15,000 tonnes a year which will be operational in the first half of 2021.
Indaver has a strong track record providing strong solutions to the chemical industry. The close vicinity of Indaver to the Ineos Styrolution site in Antwerp contributes to close collaboration.
The initial focus of the collaboration will be to fully align the output of Indaver’s depolymerisation process with feedstock specifications of Ineos Styrolution’s polymerisation process.
“Waste is not an end product. It is a phase in the lifecycle of a material. With the innovative Plastics2Chemicals project, Indaver develops a sustainable solution for plastic waste by recycling it into high-grade materials. We are pleased to work with Ineos Styrolution as one of our preferred partners to use these recycled materials as a valuable alternative for virgin raw materials. This project is an example of the industry’s sustained commitment to help achieve the European objectives in valorising plastics.” says Paul De Bruycker, CEO Indaver.
Rob Buntinx, President EMEA at Ineos Styrolution welcomes the collaboration: “Driving the circular economy for polystyrene forward is at the center of our activities at Ineos Styrolution. We believe that chemical recycling is a key cornerstone contributing to reducing post-consumer waste. I am excited to have found such a strong partner in Europe that shares the same objectives as ours.”