INEOS Styrolution and Polystyvert establish joint development agreement aimed at advancing a circular economy for polystyrene
Aurora, IL, and Montreal, QC
INEOS Styrolution, a global leader in styrenics, and Polystyvert, an innovative leader in dissolution technology, are collaborating to convert post-consumer polystyrene plastic into a new, high quality, polystyrene (PS) raw material resin.
Polystyvert uses a patented dissolution technology to process polystyrene waste into high quality recycled polystyrene. The dissolution method of advanced recycling takes plastic waste in its solid form and dissolves it in a solvent. Once dissolved, the process can mechanically and chemically separate contaminants and additives, before finally separating the original polymer from the solvent. The end-product is then a cleaned polymer that may be used as new raw material resin again.
Polystyvert’s in-depth purification technology offers the ability to treat all types of feedstock, from industrial waste to post-consumer streams. The technology can eliminate a wide range of hard-to-remove contaminants such as pigments and brominated flame-retardants. Recycled polystyrene pellets can then be used to manufacture various categories of polystyrene products, including food-grade applications.
INEOS Styrolution has strong sustainability goals to improve and increase the recovery of post-consumer polystyrene waste. This joint development agreement reinforces their commitment to explore continued research into advanced recycling technologies. “The purification capacity of Polystyvert’s technology is unique,” says Ricardo Cuetos, Vice President, INEOS Styrolution Americas, Standard Products. Cuetos continues, “The high quality of the final recycled polystyrene resin is essential to achieving a truly circular economy in key markets like food service packaging.”
Solenne Brouard, CEO of Polystyvert, states, “Dissolution is an efficient, low-energy technology which offers a cost effective solution to recycle polystyrene in a closed loop.” Using this method, “recycled polystyrene is produced at a competitive price. Thus, opening up the full potential for a circular economy.” Ms. Brouard goes on to say, “We are pleased to work with INEOS Styrolution to set up a truly circular economy for polystyrene. Our common goal is to recycle as much polystyrene as possible and a partnership as such, will make a difference."
Founded in 2011, Polystyvert is an IP-based clean technology startup that has developed an innovative, low-carbon-footprint process to recycle polystyrene based on a dissolution technology. Setting up a short loop for true polystyrene recycling, the strength of its technology lies in its versatility and in-depth purification capabilities. Effective on all types of polystyrene, Polystyvert’s technology includes a purification process that removes all contaminants. The result, a high-purity recycled resource that can be reused for upcycled polystyrene products, including food grade applications.
Based in Montreal, Canada, Polystyvert deploys its technology around the world to give everyone access to a sustainable polystyrene, and opens the door to a larger market for recycling technologies.
ABOUT INEOS STYROLUTION
INEOS Styrolution is the leading global styrenics supplier, with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 90 years of experience, INEOS Styrolution helps its customers succeed by offering innovative and sustainable best-in-class solutions, designed to give them a competitive edge in their markets, and at the same time, help make the circular economy for styrenics a reality. The company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, packaging and toys/sports/leisure. In 2019, sales were at 5 billion euros. INEOS Styrolution employs approximately 3,600 people and operates 20 production sites in ten countries.
For futher information contact:
Name : April Ludwikowski
Position : Marketing Communications Manager Americas
Phone Number : work +1 331 212 5757
Email : email@example.com