Page 34 - Plastics News June 2024

COMPANY NEWS

Neste, Borealis and Covestro aim at closing the loop for automo-

tive industry

Neste, Borealis and Covestro have signed a project agreement to enable the recycling of discarded tires into
high-quality plastics for automotive applications.

he collaboration aims at and chemicals manufacturing and sup- of their respective contribution to the
driving circularity in plastics plies it to Borealis. Borealis will then project. Aside from polycarbonates,
value chains and the auto- process the Neste-produced raw ma- the project partners may also consider
motive industry. When no terial into base chemicals phenol and polyurethanes as a possible end prod-
longer fit for use, tires are liquefied by acetone, which are supplied to Coves- uct, which could also find its way into
means of chemical recycling and then tro. Covestro can use these materials parts of the interior of a car. The com-
processed into base chemicals and to make polycarbonates. The share of panies emphasize that the potential to
further into polycarbonates of high pu- recycled content is attributed via the scale up these types of developments
rity. These can then be used in various mass balancing approach all the way should be considered when setting
automotive applications, from parts of to the final products using ISCC Plus ambitious targets for future EU regula-
headlamps to radiator grilles. certification. tions, such as the End-of-Life Vehicles
Regulation.
As part of the collaboration, Neste The first products based on the col-
turns liquefied discarded tires into a laboration are already available as each SOURCE – Recycling Magazine
high-quality raw material for polymers party has manufactured the first batch

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June 2024