In nature, waste doesn’t exist. Everything that dies returns to the earth and grows again. It goes full circle. The world’s economy currently operates in a different way. We make, take and then simply throw things away. But a circular economy could save resources, reduce CO2 emissions and create new business opportunities. INEOS, which has always seen the value in taking waste and making it into something else, does not need convincing of the benefits of a circular economy. It makes both environmental and business sense.
2030 Aim
INEOS intends to incorporate at least 850,000 tonnes of recycled and bio-based plastic into its plastic products.
4Rs
All INEOS sites use waste and by-products where possible. INEOS’ mantra is Reduce, Reuse, Recycle, Recover (energy). For example, at its Merak site in Indonesia, INEOS Aromatics valorised over 3,000 tonnes of wastewater sludge and equalisation basin waste in 2024 by selling it as a raw material to the cement industry.
Waste
In 2023, 19% of all waste generated at INEOS’ sites was recycled or reused. A further 17% was incinerated to create energy. The proximity of INEOS’ plants to other industrial partners means INEOS’ by-products can often be used as a raw material by others.
INEOS Circular Initiatives
Voluntary initiatives
As a plastics producer, INEOS wants to help reduce the amount of plastic waste that ends up in landfill sites, or worse, as litter – and working in partnership with others, who share its vision for a sustainable world, is working well. Over the past 20 + years, INEOS has dedicated more than €30 million towards fulfilling the chemical industry’s voluntary commitment to recycle one million plus tonnes of PVC by 2030 through the VinylPlus® initiative. RecoVinyl®, the facilitator of VinylPlus®, has achieved remarkable success by collaborating with more than 150 recyclers and converters across Europe.
Mechanical recycling
For years INEOS has been working with recyclers and customers to enable plastics to be recycled and incorporated into new products. It has now launched more than 30 product grades that contain over 50% mechanically recycled content and match the performance of new materials.
Partnerships
INEOS believes everyone has a role to play in creating a circular economy – government, industry, NGOs and the public. And that’s why it is forging partnerships with other visionary companies.
Innovative thinking
INEOS is already producing first-class products made from more than 50% recycled material. Its Recycl-IN range of mechanically-recycled polyolefins – the plastics found in milk bottles, food packaging and medical applications – are made from mixing recycled plastic waste with highly-engineered virgin resins. INEOS says it won’t eradicate the root causes of plastic waste and pollution, but it will help to change thinking about plastic waste. INEOS has also launched a mechanically-recycled polystyrene that can be used for food packaging. Many of these recycled products are as good as those produced from purely gas and oil.
Advanced recycling
INEOS is already making significant strides towards a more sustainable plastics industry thanks to mechanical recycling. But mechanical recycling can only achieve so much because when PVC is mixed with other plastics and substances, it has its limits. That’s why INEOS is now also investing in advanced recycling technologies, which are capable of turning difficult-to-recycle plastic waste back into its original raw material so it can be fed back into INEOS’ plants to make new, high quality products.
INEOS is evaluating alternatives with Agilyx and Technip Energies to open a TruStyrenyxTM recycling facility in Illinois that could depolymerise 100 tonnes of polystyrene waste a day, converting it back into high purity styrene monomer.
It has also launched two new recycling pilot plants in Belgium that will test advanced dissolution technologies that can recycle PVC containing legacy additives or composite PVC materials. It is hoped the first industrial PVC waste recycling unit, capable of processing up to 40,000 tonnes of PVC waste each year, will be operational by 2030.
Recycling
At the moment, it is believed only 9% of plastic waste is recycled globally. For that reason, INEOS has been working closely with other businesses from across the world who want to transform today’s take, make, dispose economy into one where plastics are designed to be used over and over again. Designing products to be recyclable is therefore essential.
Renewable raw materials
INEOS’ main raw materials derive from oil and gas, but it recognises that has to change. And it is changing. INEOS is increasingly substituting fossil fuels for bio-based and recycle materials, such as mechanically-recycled plastic and industrial wood residues.
Circular Economy Articles
INEOS turns hard-to-recycle waste into food and medicine grade plastics
Playmobil looks to the future with bio-based plastic toys “JUNIOR” for children ages 1 to 4
INEOS is already producing first- class products made from more than 50% recycled material.
INEOS’ main raw materials derive from oil and gas, but it recognises that has to change. And it is changing.