Ineos Styrolution has collaborated with German-based firm Unternehmensgruppe Theo Müller to develop a chemical recycling solution for polystyrene. The project is part of Ineos Styrolution’s ambitious plan which is aimed at resource efficiency, recycling and reduced environmental footprint.
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.
The move to build a new production site comes in the backdrop of growing customer demand. Stylight is Ineos Styrolution’s aesthetic thermoplastic composite product line and is gaining ground in the automotive, electronics and sports industry.
Ineos Styrolution has achieved a breakthrough in chemical recycling of polystyrene by producing virgin polystyrene from previously depolymerised materials. The move is considered to be a significant step in the company’s efforts to reduce post-consumer styrenic waste.
The move supports the company’s ‘Triple Shift’ growth strategy and includes the acquisition of the Foshan site in the Guangdong Province in South China and the Ningbo site in the Zhejiang Province in Eastern China.
With this project, Ineos Styrolution aims at expanding its ASA and ABS production capacity in North America. It will also strengthen the company’s position as the only global producer with ASA production capacity in the Americas.
Ineos Styrolution has signed an acquisition agreement with Total for two polystyrene (PS) production sites in China. The deal includes the purchase of the wholly owned Chinese PS business including two production sites in Ningbo and Foshan and two related offices in Guangzhou and Shanghai.