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INEOS Olefins & Polymers agrees contract with plastics recycle company Viridor

INEOS Olefins and Polymers has today announced an agreement with Viridor, one of the UK’s leading recycling and waste management companies, to source thousands of tonnes of polymer from a new recycling plant to come online in 2020.  Viridor’s new £65m plant at Avonmouth will be the largest of its kind in the UK.

Recycled plastic from the plant will be incorporated into a new range of INEOS polymers engineered to meet consumer demands for increased use of recycled materials without compromising customer needs for product performance and quality.

Rob Ingram, CEO INEOS Olefins & Polymers said, “Plastic is a valuable resource and we want to encourage the collection and recycling of plastic materials after use. Our commitment helps to support investment in a new, state-of-the-art recycling facility.

Applying INEOS polymer expertise, we have engineered a new range of polymers incorporating high levels of recycled plastics from this new unit. These new polymers will meet the growing consumer demand for increased levels of recycled content and our customer requirements to maintain product performance and quality.”

The new products from INEOS will contain 50% recycled content will be available later this year.   

Liz Rittweger, Business Director INEOS Olefins & Polymers said, “This is a major step forwards that supports our commitment to using more recycled plastic as a raw material. Designing a range of polymers containing 50% recycled content, without losing essential properties that our customers need, has been a technical challenge. I am pleased to say we will now be able to show the market that plastics can be successfully recycled and re-used in value added applications.”

ENDS.

Media Contacts

Richard Longden (INEOS)                    0041 21 627 7063 or 0041 7996 26123
Andrew McLachlan (Media Zoo)        020 7384 6980 or 07931 377162